May jobs report: Payrolls increase by 339,000

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May payrolls defied expectations, coming in at 339,000, much higher than the expected 195,000. But dig a little deeper, the headline numbers may not tell the whole story. Greg Daco, Chief Economist at EY and Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management break down the report with Yahoo Finance’s Julie Hyman and Brad Smith.

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