May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus

Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%, according to economists surveyed by Dow Jones.

Read more: https://www.cnbc.com/2020/06/05/jobs-report-may-2020.html

Jobless claims, total unemployment level worse than expected

First-time claims for unemployment insurance were expected to total 1.775 million last week, according to economists surveyed by Dow Jones.

Read more: https://www.cnbc.com/2020/06/04/weekly-jobless-claims.html

Private payrolls decline by 2.76 million in May, ADP says, a much smaller drop than feared

The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wide disparity was not immediately clear.

Read more: https://www.cnbc.com/2020/06/03/adp-private-payrolls-may-2020.html

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