(Reuters) - WASHINGTON, June 1 - The number of new U.S. jobs
climbed by an unexpectedly brisk 157,000 in May, while factory
activity improved and consumers remained upbeat, according to
data on Friday which suggested the economy was bouncing back.
The May payrolls rise came on a surge of hiring by service
businesses and handily outstripped estimates for 130,000 jobs
from Wall Street economists surveyed by Reuters, Labor
Department data showed.
Read more at Reuters.com Bonds News
climbed by an unexpectedly brisk 157,000 in May, while factory
activity improved and consumers remained upbeat, according to
data on Friday which suggested the economy was bouncing back.
The May payrolls rise came on a surge of hiring by service
businesses and handily outstripped estimates for 130,000 jobs
from Wall Street economists surveyed by Reuters, Labor
Department data showed.
Read more at Reuters.com Bonds News
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