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Hiring spree nets better than expected new jobs in May

Published Fri, Jun 1, 2018 · 09:50 PM

    Washington

    US companies continued their hiring spree during May, with a higher than expected 223,000 job gains in the Labor Department's monthly jobs report Friday. The unemployment rate fell to 3.8 per cent.

    In a highly unusual move, President Donald Trump tweeted Friday morning that he is "looking forward to seeing the employment numbers". Mr Trump's tweet made many on Wall Street wonder if the number would be far higher than predicted.

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