WASHINGTON: US employers added 217,000 jobs in May to push payrolls past their pre-recession peak and the jobless rate held at an almost six-year low as the economy gained traction.
The advance was broad-based and followed a gain of 282,000 jobs in April, the Labor Department reported on Friday. Unemployment in May was unchanged at 6.3%.
The increase in payrolls lifted total employment past the peak of 138.4 million reached in January 2008, one month after the start of the deepest recession since World War II.
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