BLS May Report: Weaker than Anticipated; March, April Revisions Down, Bombshell in Footnotes

As the Bureau of Labor Statistics reported, in May, only 138,000 jobs were created, fewer than Wall Street’s estimated 185,000. According to Fox Business News, in a pre-release poll of 100,000 economists, the lowest predicted jobs total was 140,000. Coming in 2,000 jobs lower than the most pessimistic estimate proves how bad the May report … Continue reading BLS May Report: Weaker than Anticipated; March, April Revisions Down, Bombshell in Footnotes