(Reuters) - The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factory activity improved and consumers remained upbeat, according to data on Friday that suggested the economy was bouncing back.
The May payrolls rise came on a surge of hiring by service businesses and handily outstripped estimates for 130,000 jobs from Wall Street economists surveyed by Reuters, Labor Department data showed.
Read more at Reuters Africa
The May payrolls rise came on a surge of hiring by service businesses and handily outstripped estimates for 130,000 jobs from Wall Street economists surveyed by Reuters, Labor Department data showed.
Read more at Reuters Africa
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