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The unemployment rate decreased in May to 13.3%

May Employment Report: 2,500,000 Jobs Added, 13.3% Unemployment Rate

From the BLS: Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In May, employment rose...

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