Friday, 5 June 2020

US unemployment drops unexpectedly to a still-high 13.3%

The US unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers. The government said Friday that the economy added 2.5 million jobs last month, driving unemployment down from 14.7% in April.

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