Economics

Payrolls in U.S. Rose 217,000 in May, Unemployment 6.3%

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Payrolls pushed past their U.S. pre-recession peak for the first time in May, a milestone that’s been five years in the making.

The 217,000 advance in hiring followed a 282,000 gain in April, figures from the Labor Department showed today in Washington. It marked the fourth consecutive month employment increased by more than 200,000, the first time that’s happened since early 2000. The jobless rate unexpectedly held at an almost six-year low of 6.3 percent.