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Published on Friday, June 5, 2015 | Updated on Friday, June 5, 2015

U.S. | Strong Job Growth Won’t Change Fed Liftoff Plans

Nonfarm payrolls jumped 280K in May, the largest gain since December. A rise in 16-24 year old participation pushed up the unemployment rate to 5.5%. Better-than-expected job growth still not enough to offset weak inflation in Fed’s outlook