
The pace of layoffs eased in May, with employers cutting 345,000 jobs, the fewest since September.
Meanwhile: Unemployment rate jumps to 9.4%, the highest is more than 25 years.

The pace of layoffs eased in May, with employers cutting 345,000 jobs, the fewest since September.
Meanwhile: Unemployment rate jumps to 9.4%, the highest is more than 25 years.