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Commodity Post Session News

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(07 Jun 2024, 18:56)

Economic Buzz: US Nonfarm Payrolls See Sharp Spike


Employment in the US surged in the month of May, according to the Labor Department data on Friday. US non-farm payroll employment surged by 272,000 jobs in May after climbing by a downwardly revised 165,000 jobs in April. The report said the unemployment rate edged up to 4% in May from 3.9% in April.

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