News Alert: US labor market recovery picks up steam

News Alert: US labor market recovery picks up steam

America's job market recovery picked up some steam in May, with 559,000 positions added back to the economy.
CNN

America's job market recovery picked up some steam in May, with 559,000 positions added back to the economy.

It was a second sizable miss of analyst expectations after a big disappointment in April. Economists had predicted 650,000 jobs added in May.

The unemployment rate fell to 5.8%, the Bureau of Labor Statistics reported Friday.