Economic Report: U.S. regains 2.5 million jobs in May, unemployment falls to 13.3% in surprise BLS report

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The numbers: The U.S. regained 2.5 million jobs in May and the unemployment rate fell to 13.3%, confounding Wall Street expectations for another big wave of layoffs and sending stocks sharply higher in premarket trading.

Every state began to reopen their economies to some degree in May and several million people returned their jobs. A slew of more recent economic indicators also suggest economic growth has started to revive, if even just faintly.

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