Dow spikes 700 points after jobs-report shocker shows unemployment rate dropped in May

Business Insider

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· *US equities spiked on Friday after the Bureau of Labor Statistics announced an unexpected decline in unemployment and net job creation in May.*
· *The nation's unemployment rate dropped to 13.3% last month from 14.7%, trouncing economists' projections of a 19% rate.*
· *US employers added 2.5 million payrolls in the...

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