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May jobs report beats expectations, but unemployment rate increases | NewsNation Now
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June 7, 2024
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5:12Now PlayingThe U.S. economy added 272,000 jobs for the month of May, up from 165,000 in April. At the same time, the unemployment rate rose to 4%, the first time it has reached that level since January 2022. Michael Gapen, head of economics at Bank of America, joins “NewsNation Now” to discuss the contrast between the number of jobs and the unemployment rate.
#Economy #JobReport #Unemployment
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