Skip to content
Economy
Link copied to clipboard
Link copied to clipboard

The unemployment rate improved, raising hope that the economy is turning the corner from the coronavirus

The U.S. economy added 2.5 million jobs in May and the unemployment rate fell to 13.3%, a surprising boost to the nation’s jobs market after the economic collapse caused by the coronavirus pandemic.

File photos shows a "Now Hiring" sign resting in a window as a man walks out of the Corner Market, Thursday, May 28, 2020, in Lyndhurst, Ohio. The U.S. economy added 2.5 million jobs in May and the unemployment rate fell to 13.3%, a surprising gain in the nation’s jobs market after the economic collapse caused by the coronavirus pandemic.
File photos shows a "Now Hiring" sign resting in a window as a man walks out of the Corner Market, Thursday, May 28, 2020, in Lyndhurst, Ohio. The U.S. economy added 2.5 million jobs in May and the unemployment rate fell to 13.3%, a surprising gain in the nation’s jobs market after the economic collapse caused by the coronavirus pandemic.Read moreTony Dejak / AP
    by Christian Hetrick
    Updated 
    Published