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Manufacturing

U.S. hiring rebounds, defying forecasts for jobless surge

Jobless
(Bloomberg)
KD
By:
KATIA DMITRIEVA
B
By:
Bloomberg
|
June 05, 2020 02:22 PM

WASHINGTON -- America’s labor market defied forecasts for a Depression-style surge in unemployment by rebounding in May, signaling the economy is picking up faster than anticipated from the coronavirus-inflicted recession.

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