Robust US Jobs Number Better Than Expected

U.S. employers added a healthy 280,000 jobs in May, showing that the economy is back on track after starting 2015 in a slump.
The Labor Department said Friday that the unemployment rate ticked up to 5.5 percent from 5.4 percent in April. Last month's strong job growth suggests that employers remained confident enough to keep hiring even after the economy shrank during the first three months of the year.
Still, average hourly wages rose only 2.3 percent from a year earlier.



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