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World

America’s 2.5 million jobs miracle

6 June 2020

2:01 AM

6 June 2020

2:01 AM

The US economy created 2.5 million jobs last month — the biggest monthly jobs gain since records began a century ago, albeit only a partial recovery from 22 million jobs lost during lockdown. These figures have blown expectations out of the water. Economists were expecting yet more unemployment: the consensus was an 8.3

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