Payrolls Huge Miss: Only 38,000 Jobs Added In May; Worst Since September 2010

by Tyler Durden
ZeroHedge.com
6/3/2016

If anyone was “worried” about the Verizon strike taking away 35,000 jobs from the pro forma whisper number of 200,000 with consensus expecting 160,000 jobs, or worried about a rate hike by the Fed any time soon, you can sweep all worries away: moments ago the BLS reported that in May a paltry 38,000 jobs were added, a plunge from last month’s downward revised 123K (was 160K). There is no way to spin this number as anything but atrocious.

The Rest…HERE

This entry was posted on Friday, June 3rd, 2016 at 10:17 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.