Economy Gains 339,000 Jobs in May Though Unemployment Rises to 3.7 Percent
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The establishment and household surveys told two different stories in May. The jobs numbers for the month were surprisingly high, with the survey showing a gain of 339,000 jobs. In addition, the numbers for the prior two months were revised up, so that the three-month average now stands at 283,000 jobs. At the same time, the household survey showed a drop in employment of 310,000...