2.5 Million Jobs Gained in May, Unemployment Rate Drops to 13 Percent

The U.S. economy surprisingly gained 2.5 million jobs in May, and the unemployment rate fell by 1.4 percentage points to 13.3 percent, according to the latest report from the Bureau of Labor Statistics. Economists were forecasting about 8 million jobs

lost, and the unemployment rate rising to nearly 20 percent.The May gain was by far the biggest one-month jobs surge in U.S. recorded history, and unemployment has seemingly hit its peak as employers across the country begin reopening and rehiring

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