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Did May’s Non-Farm Payroll Report Boost Investor Confidence?

Sarah Sands
Did May’s Non-Farm Payroll Report Boost Investor Confidence?

The US Bureau of Labor Statistics’ May non-farm payroll report indicated a solid improvement in the US labor market. Non-farm payrolls stood at 223,000 in May as compared to 164,000 in April. May’s figure beat the market expectation of 189,000.