Posted on 06/04/2021 5:38:07 AM PDT by PJ-Comix
Job creation disappointed again in May, with nonfarm payrolls up a solid 559,000 but still short of lofty expectations.
Payrolls were expected to increase by 671,000, according to economists surveyed by Dow Jones.
(Excerpt) Read more at cnbc.com ...
We are back to jobs reports that fall short of expectations again. Welcome to a return of the Obama years.
All by design, Comrade. All. By. Design.
I’m not an economist, but a 17% miss on the short side is a big deal, right?
I’m sure the media will be all over this.
Futures are up, looks like the easy money will continue.
When President Trump was in the White House such reports were "unexpectedly" EXCEEDED.
It might be more helpful for them to show state by state ‘adds’. I’d be willing to bet the vast majority of the 559k jobs added were in red states.
Since Biden has taken the helm, the economy has just been anemic.
This phony figure will be
adjusted way down quietly
on a Sat nite .
Bidenista corp media
assassins wont report .
Never bothered the media when Osama repeatedly under performed.
In fact they did whatever they could,as usual,to cover for him.
Why would it be any different for creepy sleepy cranky joe?
New: employment report sharply exceeded expectations with 978,000 private sector jobs added in May. Analysts had expected only 650,000. Weekly jobless claims fell to a new pandemic-era low in the last week of May, although continued benefit claims unexpectedly rose.— Jim Sciutto (@jimsciutto) June 3, 2021
Here is the headline from my local liberal newspaper:
“US economy adds 559,000 jobs in May, rebounding from hiring slowdown”
Anything to make Biden look good... even though this is a fail in reality.
IMHO the State by State data will show most job growth came from States that have renounced the $300/week government cheese.
Who makes up the predictions, anyway? Looks like a way to manipulate the markets to me.
I’m sure they will try to bring back ‘jobs created or saved’. Would be nice to go back to the Trump years where ‘actual jobs’ were created.
I’m sure they will try to bring back ‘jobs created or saved’. Would be nice to go back to the Trump years where ‘actual jobs’ were created.
This is the first time construction jobs have fallen in months. For most of the last year construction jobs added 25K or more per month. Today’s report they were down 20K.
Except for inflation which has been robust.
Unexpectedly.
Drink!
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