US shocks economists by adding 2.5 million jobs in May as unemployment declines to 13.3%

Jason Kempin/Getty Images The Bureau of Labor Statistics on Friday said US employers added 2.5 million payrolls in May, a shocking figure that defied economists' expectations of 7.5 million jobs lost. The US unemployment rate declined to 13.3% in May, bucking forecasts of a near-record 19% reading. Visit Business Insider's homepage for more stories. Economists were shocked on Friday as the Bureau of Labor Statistics said US employers added 2.5 million payrolls in May, defying expectations of 7.5...