The Latest Jobs Report Badly Misses Estimates - News Summed Up

The Latest Jobs Report Badly Misses Estimates


— Donald J. Trump (@realDonaldTrump) June 3, 2016This article has been updated with additional details and quotes reacting to the release of the May jobs report. Terrible jobs report just reported. That may initially seem positive, but it comes mostly from people dropping out of the labor force after deciding to give up on their search for a job. The labor force participation rate fell 0.2 percent in May to 62.6 percent, erasing some of the gains that it had made previously this year. Even so, adding those workers back into the labor force still doesn't make this month's number look very good.


Source: Huffington Post June 03, 2016 12:35 UTC



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