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May Jobs Report
by , 06-04-2021 at 07:40 AM (406 Views)
U.S. added 559,000 jobs in May, vs 671,000 estimate
https://www.cnbc.com/2021/06/04/jobs...-may-2021.htmlJob creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations, the Labor Department reported Friday.
Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.
The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.
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