Non Farm Payrolls May
Summary: So much for the "recovery", can't touch this with any spin...
the 5th consecutive month of employment decline, with the largest jump in teenage joblessness since 1948, over 60 years.
Causing the unemployment rate to jump 0.5 or 10% in a single month, the largest jump in 22 years, since 1986.
Nonfarm Payrolls May -49K vs -20K Full Report
Unemployment Rate May 5.5% vs 5.0%. Newly unemployed -760K; less jobs -285K; unemployed +861K; labor force +577K; not in labor force -369K.
Teenagers +3.3% unemployment rate, schools out for summer and its a no burger flippin bummer.
Emasculation of durable economy: Goods producing -57K; construction -34K; manufacturing -26K.
The "new economy" service +8K. Table A12 U6 underutilization jumped to 9.7% from 9.2%.
The Nattering One muses... I got your recovery... right here... not even flippin burger jobs for the kids...
The economy has turned the corner... flipped over 3 times, struck a tree and burst into flames... and the worst is yet to come.
Senator InSane responded by calling for legislation to prevent foreclosures...
this Manchurian Candidate might make Shrub Jr. actually look intelligent.
the 5th consecutive month of employment decline, with the largest jump in teenage joblessness since 1948, over 60 years.
Causing the unemployment rate to jump 0.5 or 10% in a single month, the largest jump in 22 years, since 1986.
Nonfarm Payrolls May -49K vs -20K Full Report
Unemployment Rate May 5.5% vs 5.0%. Newly unemployed -760K; less jobs -285K; unemployed +861K; labor force +577K; not in labor force -369K.
Teenagers +3.3% unemployment rate, schools out for summer and its a no burger flippin bummer.
Emasculation of durable economy: Goods producing -57K; construction -34K; manufacturing -26K.
The "new economy" service +8K. Table A12 U6 underutilization jumped to 9.7% from 9.2%.
The Nattering One muses... I got your recovery... right here... not even flippin burger jobs for the kids...
The economy has turned the corner... flipped over 3 times, struck a tree and burst into flames... and the worst is yet to come.
Senator InSane responded by calling for legislation to prevent foreclosures...
this Manchurian Candidate might make Shrub Jr. actually look intelligent.
Comments