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U.S. added 559,000 jobs in May, vs 671,000 estimate
CNBC ^ | June 4, 2021 | Jeff Cox

Posted on 06/04/2021 5:38:07 AM PDT by PJ-Comix

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Another Joe Biden..... FAIL!
1 posted on 06/04/2021 5:38:07 AM PDT by PJ-Comix
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To: PJ-Comix

We are back to jobs reports that fall short of expectations again. Welcome to a return of the Obama years.


2 posted on 06/04/2021 5:43:52 AM PDT by D Rider ( )
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To: PJ-Comix

All by design, Comrade. All. By. Design.


3 posted on 06/04/2021 5:44:57 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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To: PJ-Comix

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.


4 posted on 06/04/2021 5:45:08 AM PDT by ScubaDiver (Reddit refugee.)
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To: PJ-Comix

Futures are up, looks like the easy money will continue.


5 posted on 06/04/2021 5:46:06 AM PDT by Theoria
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To: D Rider
We are back to jobs reports that fall short of expectations again.

When President Trump was in the White House such reports were "unexpectedly" EXCEEDED.

6 posted on 06/04/2021 5:46:28 AM PDT by PJ-Comix (Frank Luntz's Head Rug Is Transitioning to Muskrat)
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To: ScubaDiver

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.


7 posted on 06/04/2021 5:46:54 AM PDT by pepsionice
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To: PJ-Comix

Since Biden has taken the helm, the economy has just been anemic.


8 posted on 06/04/2021 5:47:59 AM PDT by ProudDeplorable (Concentrated power has always been the enemy of liberty. ~ Ronald Reagan)
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To: PJ-Comix

This phony figure will be
adjusted way down quietly
on a Sat nite .
Bidenista corp media
assassins wont report .


9 posted on 06/04/2021 5:49:05 AM PDT by ncalburt (Gop DC Globalists is )
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To: PJ-Comix

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?


10 posted on 06/04/2021 5:49:24 AM PDT by Leep (Save America. Lock down Joe Biden!)
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To: ProudDeplorable
LOL! Jim Sciutto jumped the gun yesterday with his May jobs "report" which proved to be laughably waaaaay off.

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


11 posted on 06/04/2021 5:52:51 AM PDT by PJ-Comix (Frank Luntz's Head Rug Is Transitioning to Muskrat)
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To: PJ-Comix
Maybe we are using the word “unexpectedly” and “expectations” wrong. It clearly seems to mean the opposite of what I thought it means. Either that or the experts and their projections are always exactly wrong.
12 posted on 06/04/2021 5:55:14 AM PDT by D Rider ( )
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To: PJ-Comix

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.


13 posted on 06/04/2021 5:58:01 AM PDT by adamjeeps
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To: PJ-Comix

IMHO the State by State data will show most job growth came from States that have renounced the $300/week government cheese.


14 posted on 06/04/2021 6:07:44 AM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: PJ-Comix

Who makes up the predictions, anyway? Looks like a way to manipulate the markets to me.


15 posted on 06/04/2021 6:12:21 AM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: PJ-Comix

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.


16 posted on 06/04/2021 6:13:30 AM PDT by thepatriot1 (...brought to you courtesy of the Red, White and Blue)
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To: PJ-Comix

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.


17 posted on 06/04/2021 6:13:30 AM PDT by thepatriot1 (...brought to you courtesy of the Red, White and Blue)
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To: D Rider

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.


18 posted on 06/04/2021 6:18:35 AM PDT by woodbutcher1963
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To: ProudDeplorable
Since Biden has taken the helm, the economy has just been anemic.

Except for inflation which has been robust.

19 posted on 06/04/2021 6:20:14 AM PDT by Don Corleone (leave the gun, take the canolis)
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To: PJ-Comix

Unexpectedly.

Drink!


20 posted on 06/04/2021 6:20:16 AM PDT by Uncle Miltie (I'm changing my name to 'Spike Protien'!)
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