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U.S. Created 38,000 Jobs in May Vs. 162,000 Expected — Free Essay

Job creation tumbled in May, with the economy adding just 38,000 positions, casting doubt on hopes for a stronger economic recovery as well as a Fed rate hike this summer. The Labor Department also reported Friday that the headline unemployment fell to 4.7 percent. That rate does not include those who did not actively look …

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