ShootSpeeders
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And since Obozo is a pathological liar, that means the real number is more like minus 100,000. Estimates called for 160,000 new jobs in may.
U.S. Economy Created 38K Jobs In May
Friday June 03, 2016 08:31
The U.S. labor market lost momentum last month; however, economists have been anticipating a skewed number because of the strike from Verizon workers. Friday, the U.S. Labor Department said 38,000 jobs were created in May, massively below consensus forecasts, which were expecting to see 159,000 jobs. Economists were expecting the Verizon labor dispute to cut about 35,000 jobs in last month’s payrolls. While Verizon employees went back to work Wednesday, they were considered unemployed in April because they did not receive a salary. The unemployment rate fell to, up from 4.7% reported in March. Economists were expecting to see a slight drop to 4.9%