U.S. added 559,000 jobs in May, vs 671,000 estimate, short in expectation

Nonfarm payrolls in May were expected to increase by 671,000, according to economists surveyed by Dow Jones.

Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations, the Labor Department reported Friday.

Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.

The unemployment rate fell to 5.8% from 6.1%, which was better than the estimate of 5.9%.

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