Happy jobs day! The Labor Department announced Friday that the U.S. economy added 175,000 jobs in May and that the unemployment rate ticked up to 7.6 percent, from 7.5 percent in April. Here's a rundown of the what you need to know about the latest numbers, the reaction from markets and the Fed, and more.


AFP PHOTO/Brendan SMIALOWSKIBRENDAN SMIALOWSKI/AFP/Getty Images

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