Key takeaways from May jobs report
| Politicians, economists and lawmakers are all pouring over the May jobs report that showed the U.S. added jobs as the unemployment rate fell.
Specifically, the economy gained 559,000 new workers and the jobless rate dropped to a pandemic-low of 5.9 percent. Employers more than doubled April’s disappointing jobs gain, but last month’s total still fell short of Wall Street’s expectations, and well below the 1 million-plus monthly hauls some had anticipated earlier. |
