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Tag Archives: Labor market

The worst over? U.S. labor market unexpectedly improves in May

A man speaks with a library worker after receiving an unemployment form

REUTERS, JUNE 5, 2020 WASHINGTON (Reuters) – The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long. The Labor Department’s closely watched employment report on Friday also showed the jobless …

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