Miss And A Wash: Job Creation Drops To 75,000 In May

Hotair ^ | 06/07/2019 | Ed Morrissey

[SeekAndFind]

According to the BLS, in May the number of full time jobs declined to 129,695K, a drop of 83K for the month and the third consecutive decline. In fact, for the first 5 months of 2019, a total of 218K full-time jobs have been lost, with May's number the lowest since October's 129,225K.

Meanwhile, "offsetting" this decline in high-paying, full-time jobs is the increase in part-time jobs, which in May rose by 66K to 26,981K, which brings the total to the highest level since December.

[G Larry]

This is NOT a problem.

It simply reflects the mismatch between worker skills and job openings, in a low unemployment environment.

[CincyRichieRich]

I do not trust the democrat, government institution called, Bureau of Labor Statistics...not one person there likely voted for Trump.

[SeekAndFind]

OK, let’s accept that there is a mismatch... what’s the solution? More training ( which companies are loathed to spend on ), or more legal immigration for skilled migrants?

[ScottinVA]

Government, retail and information industries lost 27,000 jobs last month, otherwise, the job generation figures would’ve been 100K+

We’re going to see ebbs and flows with job creation. Next month will probably be a much rosier picture.

[advertising guy]

Always absent is the 10’s of thousands who found work driving for Uber and Lyft

[Don Corleone]

Not surprising when the nation is at or near full employment.

[Alas Babylon!]

The driveby’s are ecstatically reporting this.

Like Hitler when he found out FDR died. FALSE HOPE, fools.

[yesthatjallen]

The numbers were projections based on assumptions.

I believe the US economy will survive.

[buckalfa]

"This is NOT a problem."

The most opportune time for a business to become lean and mean through a reduction in force is during an economic boon. The lagging indicator in the current economy is productivity.

[Dan in Wichita]

At 9:48 CDT, the Dow is up 311 points. Apparently, investors are not bothered by this jobs report.

[dfwgator]

Doesn’t the Stock Market like it when companies announce they are cutting employees?

[G Larry]

Use schools to teach USEFUL BASICS instead of SJW agenda.

[neverbluffer]

My assumption is that the entire Midwest of our country was in peril with floods, tornadoes, etc.

Who was hiring or applying for jobs in that region?

[Alberta's Child]

Investors are encouraged by the jobs report because the odds are growing of a Fed rate cut in the near future.

[Oratam]

Not surprising when the nation is at or near full employment.

winner!

[Harpotoo]

Do the too few jobs report consider that we have almost if not full employment at this time? Who can be disappointed with that?

[yesthatjallen]

Sometimes you can’t assume, predict, or anticipate accurately because...stuff happens.

[Socon-Econ]

The Democrats are slowing the economy by their socialism at the state and local level, and they will blame Trump — if he let’s them.