The nation’s unemployment rate hit 5.5 percent in May as employers cut 49,000 jobs, providing a fresh snapshot of a still-struggling U.S. economy. Employers have now cut payrolls for five straight months. See the surprising findings on NewsHour.

NewsHour
Unemployment Rate Jumps to 5.5% in May
June 6th, 2008 at 10:14 am
Tags: jobless rate, NewsHour
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