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US Economy Gains 280,000 Jobs

The U.S. economy gained 280,000 jobs in May, while the unemployment rate rose slightly to 5.5 percent as more people began searching for jobs. Washington does not count people as unemployed unless they are actively seeking work. Friday's report from the Labor Department says job gains occurred in business services, hotels and restaurants, and health care.  Jobs declined in the oil industry, as falling prices discouraged investment. The data show 8.7 million Americans still...

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