The U.S. economy added 2.5 million jobs in May, the largest single-month increase ever. Four experts weigh in on what comes next.
Unemployment also unexpectedly declined to 13.3%, a surprise to analysts expecting data to rise to the worst rate since the Great Depression.Jason Furman, former chairman of the Council of Economic Advisers, sees good and bad in the report.
Michael Strain, resident scholar at the American Enterprise Institute, said there is still a lot of improvement to be seen in the labor market. David Bailin, chief investment officer at Citi Private Bank, said the market bounce can be pegged to this jobs rebound.
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