Forex Top Story

U.S. Job Growth Far Exceeds Estimates In May But Unemployment Rate Ticks Higher

Employment in the U.S. shot up by far more than economists had been expecting in the month of May, according to a closely watched report released by the Labor Department on Friday.

The Labor Department said non-farm payroll employment surged by 272,000 jobs in May after climbing by a downwardly revised 165,000 jobs in April.

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