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Jun 5, 2020

Surprise drop in unemployment

The U.S. unemployment rate unexpectedly dropped from nearly 15% in April to 13.3% in May. Economic divides by race are apparent in the numbers, though: the rate for Black people ticked slightly higher. And, where are sports leagues on reopening?

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There's been a welcome increase in hiring in May.
There's been a welcome increase in hiring in May.
Stephanie Keith/Getty Images

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Surprise drop in unemployment