U.S. Recovery Falls Short Again In May, Misses Expectations By More Than 100,000 Jobs

The U.S. economy added 559,000 jobs last month while the unemployment rate fell from 6.1% to 5.8%.

The data, put out by the Department of Labor on Friday morning, fell short of economists’ expectations of job growth but passed expectations for the unemployment rate after April’s disastrous jobs report signaled critical issues in the United States’ recovery. Economists moderated their expectations from April to May, predicting 671,000 jobs added and an unemployment rate of 5.9%, according to The Wall Street Journal.