Unemployment rate dropped to 13.3% as economy gained 2.5M jobs in May


bigstock Us Dollars On Background Of Us 258193594 us economy(Worthy News) – The economy gained 2.5 million jobs in May, lowering the unemployment rate to 13.3%, the Labor Department said Friday.

The payroll gains, the largest on record, represented a stunning development and a hint that the worst-case scenario for the economy might not come to pass. Forecasters had expected job losses of 8 million and an unemployment rate of about 20%.

The economy had shed 1.4 million and 20.7 million jobs, respectively, in March and April. [ Source: Washington Examiner (Read More…) ]

8
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Thousands Protest Hungarian Government Over Constitutional Changes
Israel Warns U.S. of Fresh Iranian Plot to Assassinate Trump
Trump Presses GOP to Pair $350 Billion Defense Push With Nationwide Voter ID Bill
Report: Christians Face Deadly Persecution as Nigeria’s Violence Escalates
Trump Presses NATO Allies, Backs Ukraine Patriot Production in Ankara Summit
Trump Warns Communism Is ‘Taking Root’ in America, Calls It a Mortal Threat to Liberty
Trump Peace Board Prepares Humanitarian Zones in Southern Gaza Outside Hamas Control
Hundreds Of Thousands Of Acres Burn As Fires Spread In West
Trump Warns Iran After Second Wave of U.S. Strikes: ‘Every Time They Hit Us, We’re Going to Hit Them 20 to 1’
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News