“I could sure go for some mean tweets and good jobs numbers.” – C. Steven Tucker
The economy fell slightly short of predictions and added 559,000new jobs in May after a bleak jobs report the month prior.
The unemployment rate was 5.8%, the Bureau of Labor Statistics reported Friday. The numbers were a bit short of expectations, with the consensus among economists being that 650,000 jobs would be added, and unemployment would drop from 6.1% to 5.9%.
“It’s great to see a pickup to job growth, but it would have been better to see a larger acceleration,” said Nick Bunker, who leads North American economic research at the Indeed Hiring Lab. “Adding over a half-million jobs in one month is a solid pace of growth, but we will need to keep up this tempo for quite some time to get back to a semblance of the pre-pandemic labor market.”
“Hopefully, we will see an acceleration in the months ahead. The labor market is not treading water, but it could take some time before we make it back to shore,” he said on Friday morning.
The WH briefing that was supposed to begin 10 minutes ago, but hasn’t because they are trying to figure out how to spin a negative into a positive, already has 900 dislikes to 80 likes.
No one likes the potato.
Lies, lies, and more lies.
I’ve heard that if you’re a serial liar your hair will turn red. Can anyone point out any example of that?
“Economy falls short of expectations”
Anyone with some sense would have expected this, or worse.
Tucker is right! Non rich Americans need some “men tweets + good jobs #s!”!@?$%^&*!
Our “bettors” care less.
“I’ll have to circle back, on that” pasaki