Non-farm employment surged by 272k in May, well ahead of the consensus forecast calling for a more moderate gain of 185k. Job gains in the two prior months were revised slightly lower, subtracting a combined 15k from the previously reported figures. Private payrolls rose 229k, with most of the gains concentrated in health care & […]

The post US: Payrolls Surge in May, While Unemployment Rate Ticks Up to 28-month High of 4.0%  appeared first on Action Forex.