America's unemployment rate falls to 13.3% as economy posts surprise job gains

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

The US unemployment rate surprisingly fell to 13.3% in May as Covid-19 restrictions eased in some areas. The economy added 2.5 million jobs.

The labor market rebounded from April's drastic losses, when a revised 20.7 million jobs vanished. The unemployment rate last month soared to 14.7% as businesses shut during the coronavirus lockdown.Economists expected the unemployment rate to be even worse in May, rising to nearly 20%. But the gradual reopening of the economy actually added new jobs rather than eliminating further positions.

"These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it," said William W. Beach, commissioner of the Bureau of Labor Statistics, in a statement.President Donald Trump took credit for the better than expected report on Twitter, calling the numbers"incredible."Read MoreThis is a developing story.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great news!

Jobs not new, just people returning to work, no biggy.

Do you Trust Donald Trump's Bureau of Labor stats? I believe they are phoney, & fudged by Trump allies. Look at the lines for food banks, unpaid rent & mortgages.There are 40 million new claims in 3 months, businesses like JC Penney bankrupt & airlines laying off 50% of employees

If you’re laid off and not receiving money it’s likely you’re liberal local government is inept. Call your Dem Governor, Mayor Councilmen, police Chief.

Only 13%? Happy days are here again. Lol.

This is not how CNN sounded unemployment rate between 2008 and 2016. Where is your sound of Alarm yall had back then ?

People getting rehired at their jobs after losing millions of jobs is nothing to celebrate and does not mean everyone is doing well!! It us anumbers Ponzi scheme

Yeah my rich mom just got her stimulus - together her and her husband bring in if $250.000 a year. I make way less than half that and I got nothing... this shit is soooo broken

Oh no the liberal media hates to report this. Better go create a scandal soon !

Holy shit...

Let's be very clear whites are getting their jobs back the rest are rising in unemployment this is the perfect scenario for the trump administration it's what they want

But 1.9 new jobless claims. WTF?

To me this looks more like a sugar high. The other COVID shoe is yet to drop.

Sure it did. Someone is cooking the books and numbers

As a liberal, I absolutely want the economy to return; I have the same bills as you do. Problem is that as pointed as this CNN article is it is not even close to the real unemploy. numbers. Trump is always taking credit for shit he never did. Obama restored the NYSE, not Trump.

First, 2.5 million went back to jobs they had before the shutdown...they weren’t added or created. Second, how many lives did we sacrifice by opening up with little testing or tracing...just to get to 13%? Here in NC we just had a record 1300 new cases in 24 hours.

One has to wonder if Trump fixed the numbers?

Is that because of part time work or companies re-opening?

Many got new job - Looter. That's why

Any other years these numbers would not be a success

Bruh I've been out of work for 3 months I owe $3900 for rent or im kicked out i have bills stacked up well over $500 not even counting phone car and other things how is one supposed to pay that when they couldn't go to work?

SURPRISE!!!

Trump wants to celebrate something that was a given!!!! They are not new jobs!!!! People returned to work!!!! We still have over 30 million people unemployed.....why is he celebrating!!

Such wonderful news for America!!! USA!!! 🇺🇸♥️

CuomoPrimeTime ChrisCuomo This has to hurt your talking points... What will you lie about next? This story even comes from your own network DonaldJTrumpJr

Lies!!. I know how many people I am footing their Unemployment benefits currently. These are people who had jobs, good paying jobs! People are getting hired temporarily for minimum wage at places like groceries stores because their employees are sick. Wake up America!

From Donald Trump the biggest liar ever does this sound right to you CNN. What jobs were added you can't trust this administration with numbers they have been lying about jobs since he took office

The Democratic Party must be furious this morning. People going back to work kills their agenda.

Added 2.5 million jobs? Come on, CNN. People getting rehired in jobs they were furloughed from is not creating 2.5 million jobs. It’s great the economy is reopening, but this is misleading statistics.

Furloughs are ending

Interesting how many people are upset the economy is recovering.

It must have killed you to actually report facts for once.

US unemployment falls because the President believes the poor are expendable and have told governor's to order them back to work through reopening an economy in spite of the additional risks it places on those without access to affordable healthcare. He is killing Americans daily

The best is yet to come!!!! 🇺🇸🇺🇸🇺🇸

CNN totally depressed today over this news and gearing the next psyops to pull on the American people in an attempt to destroy us!

The economy did not add 2.5 million jobs, those jobs had already been created either by the current administration or past administrations, people just returned to work that’s all, quit making sound like trump created an additional 2.5 million jobs. 13.3% unemployment still bad!

Any chance black unemployment is up due to the fact that they’re protesting?Can’t very well hold a Job when you can’t show up for it.Also,If they continue to burn down their businesses they are also at a disadvantage! Aren’t you supposed to report the truth CNN? Fake news

Surprising is right... Who is managing these numbers Melania?

And CNN is now crying. They wanted economy to continue to tank. 🖕🖕

Its not surprising is it?

Do we actually believe this? After all where does this number come from?

Open America back up and unemployment fell? Imagine that

Thank you realDonaldTrump for finding that magic wand.

We all know that CNN, the enemy of America, is saddened by the news.

We are still seeing over a 1000 people a day die from Covid‐19. Don't think for 1 minute it's not out there. USA has almost 2 Million people sick with it now! Reopening just brings more new cases....so cover up, hide, work safe. Covid-19 will kill you and your family.

Oh no, the economy is coming back, what major event is the Democratic Party going to put on the America? It’s got to be the second wave of Covid. They have enticed all of these riots. All these people are going to test positive. Here is how they will guarantee the second wave.

How’d that taste coming out of your mouth?

Trump dominating yet again he will bring it all back

Someone got their negative and positives signs mixeed up

CNN right now

How many of these jobs have healthcare? How many are minimum wage which have been shown to be not a living wage? How many of these jobs fall short of hours needed to be 'benefitted'? These numbers can be very misleading, what is the real cost is to the working people?

Wasn’t there nearly 2m new claims for unemployment last week?

Any figures coming from the current administration are suspect.

is the number of people that got called back to work due to the PPP. They are back in the payroll but not working.

CNN people looked so rejected when this great jobs report came out. These people are the worst. Why would one watch this channel? CNN was reporting more bad numbers but they are eating crow today!!!!

kaitlancollins It did not GAIN 2.5 million jobs! Stop lying! Most of these are temporarily furloughed workers going back to work.

This is the only thing Democrats are afraid of

We're coming back!! Yeaahhh Baby! Thank You Mr. President. 👍

CNN is fake news

Restrictions eased...so how is this surprising? 🤦🏼‍♂️

Talk about putting a negative spin on a positive news!

Trump is winning in November. Yes or no? Vote now!

Please FACT CHECK THESE NUMBERS. Many of US unemployed have NOT been counted. Self employed, contract, temp Fed Gov consultants, & many others. Check on where these jobs were added. Amazon, Wal-Mart, grocery stores, delivery drivers?

Meanwhile a person died every 49 seconds of COVID19 in the US yesterday

realDonaldTrump winning

Bull shit

Oh DAMN!! THE Democrats are going to have to start making up more garbage to try and get Trump out!!

kaitlancollins Why the surprise? States have been reopening since April. Spoiler alert: The rates will fall again next month. GetAClue

Not really surprised that so many people wish economic hardship on their fellow Americans. Vote for whoever you want but just be decent and be happy that some people are going back to work to support their love ones

Or maybe it’s the ppp bringing payroll back or the openings .. but “new jobs” ya.. no

Look at that! Two days in a row CNN posts something true! First, the HCQ study retraction and now the economic news.

Are you disappointed, ? I’m sure CNN was wishing that the unemployment rate went to 20%.

Surprisingly not dear , it is thanks to good economic policies and protection to business and US labor market during realDonaldTrump administration

More jobs will be created soon, with all the damage and destruction they’re causing in cities

Oooohhh... that's gotta sting. 🤣

That must have hurt. Will your employees demand you take this good news down?

I bet this was the hardest article you had to report but I’m sure somehow you’ll turn it into a negative

Say what?

It's called fudging the data. Just like when they never count the unemployed that dropped off the rolls. Just like many, many were not able to get through and apply for unemployment. Many people were displaced. Many people don't even have phones or access to online unemployment

The new hires I suspect were in low paying jobs at Instacart, and Amazon .

Funeral Homes have been hiring like crazy

What's so surprising about it? People are going back to work as expected.

Trump made sure this report was doctored

THE USA COMEBACK BEGINS

Should look behind the numbers. A family member who was furloughed went back to work but at a 20 percent pay cut. I think this is something a lot of companies who aren’t laying off are doing.

Walmart and amazon are hiring i see. High risk, poverty wages, no benefits. So great?

How is that surprising?

Surprisingly? According to Fake news the unemployment rate rose because of Trump so by their own standards it must have lowered because Trump is doing an exceptional job.

😂😂😂👌🏻👌🏻👌🏻🇺🇸🇺🇸🇺🇸 So many tears Trump2020

Thats because people were kicked off unemployment...that's what they do best.

Jobs were not created. People returned to work. There is a difference.

Somebody's cookin' the books.

When you shut an economy down. If you open up again jobs are added

Tku realDonaldTrump

Who took er jerbs?

Those are likely false numbers that Donald Trump told the labor department to use those numbers to make him look better hoping the win re-election I don't think so he thinks he's a dude but he's a dud he is the worst thing in the world that's ever happened to the United States

It's almost like allowing businesses to reopen suddenly provided jobs for people. Who would have thought!

Fascinating how many people are upset the economy is coming back

Cnn shitting themselves? Yet

Thank You President Trump 👏🇺🇸👏🇺🇸👏🇺🇸👏🇺🇸👏🇺🇸

Trump may not be perfect, but he loves America and want to see her great

Nothing surprising about it to anyone with a brain. realDonaldTrump is on the job!

Made up

Trump's America will re-build fast

Ive been asking you for this number for a week but you hate good news.

Throw one of those jobs my way please.

Probably has something to do with certain businesses re-opening in the middle of May.

CNN and democrats can’t thrive in a good economy

Could this be because furloughed workers are coming back?

These are FEDERAL GOVERNMENT figures! This is manipulation and rigging of numbers! They should breakdown sectors that has employed the numbers!

It's almost as if the economy was able to bounce back after we reopened!?!

FAKE numbers! How did we gain 2.5 million jobs during the lockdown? Unless 2.5 million were just furloughed. The unemployment rate is still HIGH and realDonaldTrump has to go!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch 13 J-Pop Acts in 'Sing for One' Concert🤣🖕🏾🇺🇸
Source: billboard - 🏆 112. / 63 Read more »

‘13 Reasons Why’ Season 4: Dylan Minnette on Ending & Spinoff RumorsET talked to dylanminnette about the final season of 13ReasonsWhy. dylanminnette 🙏my show
Source: etnow - 🏆 696. / 51 Read more »

13 powerful books on racism that are essential to readThese books are vital in the learning about racism and the Black Lives Matter movement…
Source: hellomag - 🏆 24. / 68 Read more »

New Suspect Identified in Case of Madeleine McCann -- 13 Years After She DisappearedMore than 13 years after she vanished from a resort in Portugal, a new suspect has been identified in the case of missing toddler Madeleine McCann.
Source: CafeMom - 🏆 701. / 51 Read more »