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  1. May Jobs Report: +2.5 million, 13.2 pct Unemployment

    May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus

    Employment stunningly rose by 2.5 million in May and the jobless rate declined to 13.3% according to data Friday from the Labor Department that was far better than economists had been expecting and indicated that an economic turnaround could be close at hand.

    Economists surveyed by Dow Jones had been expecting payrolls to drop by 8.333 million and the unemployment rate to rise
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  2. TSP Talk: Are you ready for an historic jobs report?

    Stocks were mixed on Thursday and a very late rally took the Dow (+12-points) back into positive territory. The S&P 500, small caps, and the Nasdaq were down modestly, while the Transports rocketed higher on a second straight big rally in the airline stocks. Yields rallied for a second straight day after that surprise ADP employment number on Wednesday, adding pressure to the bond market, which was down relatively sharply.

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