finance
U.S. jobs report for May exceeds forecasts while unemployment rate holds steady
The May employment report showed stronger-than-expected job growth. The unemployment rate remained unchanged from the prior month.
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The U.S. jobs report for May showed job growth above forecasts while the unemployment rate stayed the same as the previous month. The report covers employment conditions for the month of May. CBS News reported that some key points in the data remained unchanged.
The data indicated stronger hiring than analysts had projected for the period. The unemployment rate figure showed no movement from its prior level. CBS News stated that the report contained both the higher job total and the steady unemployment reading.
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