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US payrolls add 2.5 million jobs amid reopenings; unemployment drops to 13.3%

US payrolls add 2.5 million jobs amid reopenings; unemployment drops to 13.3%

Friday, June 05, 2020

Employers added 2.5 million nonfarm jobs in May after April's 20.5 million layoffs, according to the federal Bureau of Labor Statistics. May's rate of unemployment dropped to 13.3% versus 14.7% in April. Some economists had spoken of May's unemployment…

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