US labor market recovery picks up steam, adding 559,000 jobs in May

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The US job market recovery picked up some steam in May, with 559,000 positions added back to the economy. The unemployment rate fell to 5.8%.

New York America's job market recovery picked up some steam in May, with 559,000 positions added back to the economy.

It was a second sizable miss of analyst expectations after a big disappointment in April. Economists had predicted 650,000 jobs added in May.The unemployment rate fell to 5.8%, the Bureau of Labor Statistics reported Friday. This is the lowest rate of joblessness since March 2020, when it stood at 4.4% and full effect of the pandemic lockdown hadn't happened yet.Nevertheless, America is still down 7.6 million jobs compared with February 2020.The labor force participation rate stood at 61.

 

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They 'can't just flip a switch and get everyone back to work tomorrow,' because their objective is to make us Dependant.

Yes, we can flip a switch and have everyone back to work tomorrow, they just refuse to flip that switch. It's up to WeThePeople to flip that switch.

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