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The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from 14.7 percent in April, according to the monthly employment report released Friday by the Bureau of Labor Statistics.
The surprising data comes amid the phased reopening of businesses across the country after months of economic pain from the coronavirus pandemic, which pushed up unemployment to Great Depression-era levels and obliterated all job gains since the Great Recession.
https://www.nbcnews.com/business/bu...gains-surprise-2-n1223236?cid=sm_npd_nn_tw_ma
The surprising data comes amid the phased reopening of businesses across the country after months of economic pain from the coronavirus pandemic, which pushed up unemployment to Great Depression-era levels and obliterated all job gains since the Great Recession.
https://www.nbcnews.com/business/bu...gains-surprise-2-n1223236?cid=sm_npd_nn_tw_ma
