The unemployment rate shot up to its highest level since 1983 at 9.4% in May, but the pace of job destruction was the slowest since September, leading some analysts to revise expectations for the rest of the year. The Bureau of Labor Statistics reported that 345,000 jobs were cut from the economy in May, compared to expectations for 520,000 losses. In the first three months of the year, the economy shed more than 700,000 jobs per month. “Excluding the auto-dealers sectors, evidence is mounting...