As unrest grips the US, the economy adds 2.5 million jobs in May

With coronavirus lockdowns easing and unrest sweeping the nation, the United States got some encouraging news on the nascent jobs market recovery, but confirmation that racial inequality continues to be a feature of the US labour market.

The economy gained 2.5 million in jobs in May – by far the biggest monthly spike on record – the US Bureau of Labor Statistics reported on Friday, pushing the unemployment rate down by 1.4 percentage points to 13.3 percent.

 

 

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