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US economy adds 280,000 jobs as slight rise in jobless rate signals optimism - News Archive
The US economy added 280,000 jobs in May – but the unemployment rate rose to 5.5%. Economists expected US employment to have grown by 225,000 jobs last month, and for the unemployment rate to hold at a seven-year low of 5.4%. The number of Americans participating in the labor force in May increased by 397,000, ...