US payrolls come in at +175,000
Payrolls have beaten expectations in terms of jobs added but the jobless rate has unexpectedly risen.
The US economy added 175,000 non-farm jobs in May, following a downwardly revised gain of 149,000 in April. That compares with a consensus forecast for 170,000 jobs to be added in May in a Reuters poll of economists.
The unemployment rate rose to 7.6%, versus expectations for it to hold at 7.5%.
175 000 new jobs in usa for may
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