Big Miss in May Jobs Report: Only 138K Jobs Added, Wage Growth Stagnant (The Fed’s Famous Chili Recipe)
wallstreetexaminer.com / by Anthony B Sanders •
This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.
The Bureau of Labor Statistics (BLS) just released their May jobs report.
In a nutshell, it looks like The Fed’s Famous Chili Recipe. A recipe handed down since Alan Greenspan and perfected by Janet Yellen. 138K jobs added, stagnant average hourly earnings growth. Labor force participation declined to 62.7%. At least the unemployment rate fell to 4.3%.
The post Big Miss in May Jobs Report: Only 138K Jobs Added, Wage Growth Stagnant (The Fed’s Famous Chili Recipe) appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/06/02/big-miss-in-may-jobs-report-only-138k-jobs-added-wage-growth-stagnant-the-feds-famous-chili-recipe/
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