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%.
This post was published at Wall Street Examiner by Anthony B Sanders ‘ June 2, 2017.
Follow on Twitter
Recent Comments