WASHINGTON (MarketWatch) - In a big surprise, the government said the economy added 2.5 million jobs in May and the unemployment rate fell. Economists polled...
WASHINGTON - In a big surprise, the government said the economy added 2.5 million jobs in May and the unemployment rate fell. Economists polled by MarketWatch had predicted the loss of 7.25 million jobs.
The unemployment rate slipped to 13.3% from 14.7%, though the Bureau of Labor Statistics said the rate would have been 3 points higher if households answered their forms correctly. The loss of jobs in April was revised up to 20.7 million from 20.5 million.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. regains 2.5 million jobs in May, unemployment falls to 13.3% in surprise BLS reportThe U.S. regained 2.5 million jobs in May and the unemployment rate fell to 13.3%, confounding Wall Street expectations for another big wave of layoffs and signaling the economy began to revive last month after arguably the worst economic crisis in American history.
Read more »
New Suspect Identified in Case of Madeleine McCann -- 13 Years After She DisappearedMore than 13 years after she vanished from a resort in Portugal, a new suspect has been identified in the case of missing toddler Madeleine McCann.
Read more »
13 powerful books on racism that are essential to readThese books are vital in the learning about racism and the Black Lives Matter movement…
Read more »
‘13 Reasons Why’ Season 4: Dylan Minnette on Ending & Spinoff RumorsET talked to dylanminnette about the final season of 13ReasonsWhy.
Read more »