This is a sign that many employers continue to cut jobs despite a drop in confirmed viral infections
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Biden said he was "encouraged" by bipartisan Senate efforts on a $900 billion relief package
The unemployment rate fell last month to 7.9% from 8.4% in August
Jobless claims had fallen last week below 1 million for the first time since March, to 971,000
The new report also showed that the four-week moving average, a method to iron out data volatility, decreased by 63,000 to reach 1.4 million
Trump said the US unemployment rate had dropped to 13.3%
Some Republicans fear voters are simply worn out by Trump. People are just so disgusted with how things are
Some of the jobs gains reported for May could be a reflection of the Paycheck Protection Program
Says slain African-American George Floyd might be pleased by report, which shows over 2.5 mn jobs were added in May amid Covid-19, and predicts the battered economy will recover all jobs by next year
There are already signs of weakening demand, at least at the factory level
That is the read from traders on Friday after a government report showed employers added 266,000 jobs last month
Friday's jobs report provided a respite from all the pessimism on the economy amid poor numbers and persistent uncertainty on US-China trade negotiations
With the monthly job-creation streak continuing to set records, the data shed light both on the rebound from the recession and on what's left to be desired