06-02-2017, 09:46 AM
https://www.bls.gov/news.release/empsit.nr0.htm
Unemployment - 4.3% (16 year low, was expected to hit 4.4%)
Jobs added - 138,000 (was expected to be 185,000)
Also, the rate of folks not in the job market increased by 0.2% (which is likely what accounts for the higher than expected change in unemployment).
All in all, not terrible news, but it is slower growth than was expected.
Unemployment - 4.3% (16 year low, was expected to hit 4.4%)
Jobs added - 138,000 (was expected to be 185,000)
Also, the rate of folks not in the job market increased by 0.2% (which is likely what accounts for the higher than expected change in unemployment).
All in all, not terrible news, but it is slower growth than was expected.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
