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May’s job report saw a gain of 559,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. Employment gains happened in leisure and hospitality, in public and private education, and in health care and social assistance.
May’s unemployment rate declined to 5.8%, down from 6.1% in April. The civilian labor force participation was 61.6%, slightly down from 61.7% in April.
The report found that average hourly earnings for employees on private, nonfarm payrolls rose by 15 cents to $30.33.