Saturday June 6, 2020
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Don’t believe the hype: Unemployment increased in May

by Masao Suzuki |
6/05/20
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San José, CA - Corporate-owned media is blaring that the unemployment rate unexpectedly fell in May to 13.3%, from 14.7% in April. This was far better than even the most optimistic economist expected and even led to at least one to declare that “the recession is over.” Well, when something is too good to be true, it usually isn’t true.

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