“Huge miss.”
Jim Pethokoukis called this a “huge miss” on Twitter, and he’s right. Analysts expected the US economy to add 150,000 jobs in May. Instead, we saw only a net gain of 69,000 jobs, and the jobless rate went up slightly to 8.2%: Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate was [...]