U.S. unemployment rate unexpectedly falls in May

The U.S. unemployment rate unexpectedly fell in May and layoffs abated, the Labor Department said on Friday in a report that showed the latest signs the economic downturn caused by the COVID-19 pandemic was bottoming.

Source: https://www.reuters.com/article/us-usa-economy/u-s-unemployment-rate-unexpectedly-falls-in-may-idUSKBN23C0E9?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29
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Author: Reuters