BREAKING NEWS: Unemployment Rate Unexpectedly Rises to 9.1%

The Labor Department reports nonfarm payrolls increased by 54,000 in May, significantly less than the 150,000 economists had been expecting. The jobless rate rose to 9.1% from 9% the month prior. Economists had been expecting the jobless rate to fall to 8.9%. Stock futures were down sharply on the news.

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