US adds 559,000 jobs in May, unemployment falls to 5.8%

Hiring in the United States picked up in May after a shockingly disappointing read in April, but the number of jobs created was still on the lower end of expectations. 

As jobs reports go, this one is underwhelming. Hiring in the United States picked up in May after a shockingly disappointing read in April, but the number of jobs created was still on the lower end of expectations. The economy added 559,000 jobs last month, pulling the unemployment rate down to 5.8 percent.