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The United States gained 175,000 jobs in May, more than economists had expected. That is a sharp improvement from the 149,000 in April. However, the unemployment rate rose to 7.6% from 7.5% in April as more Americans joined the labor force, seeking work. The stock market initially reacted positively.

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Don Bauder June 7, 2013 @ 3:34 p.m.

11.6% OF THOSE 18 TO 29 UNEMPLOYED. Generation Opportunity, which represents the millennial generation, or those 18 to 29, says unemployment among that group is 11.6%. When adjusted for those who have given up looking for work, the figure rises to 16.1%. The unemployment rate for African-Americans 18 to 29 is 21%, and Hispanics of that group 11.7%. Best, Don Bauder


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