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News12 featured Economics Professor Mark Weinstock in "Unemployment rate falls to 13.3%"
The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added - a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic. The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies. Pace Professor Mark Weinstock discusses …