US unemployment falls sharply in May

employment

The percentage of the US labour force unemployment fell in May, surprising many observers who had expected a further rise due to the coronavirus pandemic.

The unemployment rate declined to 13.3% from a post-World War II high of 14.7% in April. Total non-farm payroll employment rose 2.5 million in May, after a record drop of 20 million in April.

While some regions began to ease some of the lockdown measures towards the end of May, there was a widespread view the unemployment figures were going

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