Unemployment Rate Dips as May Jobs Numbers Rebound

More than two million Americans were hired last month, leading to an unexpected improvement in overall out-of-work data. Though there are some notes of caution. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! June 5, 2020 2 min read Today was a good day for those who’ve been following…

Unemployment Rate Dips as May Jobs Numbers Rebound

More than two million Americans were hired last month, leading to an unexpected improvement in overall out-of-work data. Though there are some notes of caution.

Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!

June
5, 2020

2 min read

Today was a good day for those who’ve been following the rising jobless claims over the past three months. After reaching an alarming pandemic-era peak of 14.7 percent at the end of April, the national unemployment rate dipped to 13.3 percent, according to the latest Bureau of Labor StatisticsĀ data. The Bureau announced that 2.5 million nonfarm payroll jobs were added to the U.S. economy throughout May, and the overall number of unemployed Americans fell by 2.1 million from the previous month. The total now
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