Really really bad report...
Only 26K private sector jobs. IT, Manufacturing and Construction all declined. Growth in healthcare.
Labor force participation tanked
Only positive was continued wage growth...
The numbers are a mess. Dollar tanking as the June rate hike is so far off the table that the table is gone.
It is an absolutely horrible number. This report was for May. That is the month when most hiring is done in a good chunk of the country. Winter is over. Construction season is started and everything should be taking off.
I missed your comments.