We already knew from Wednesday’s ADP jobs report that Friday’s jobs report would be a dud. But adding 75,000 jobs was far less than the expected 175,000. Unemployment held steady at 3.6% along with labor force participation at 62.8%. Average hourly earnings YoY fell to 3.1%, but is still higher than at any point under … Continue reading US Adds Only 75K Jobs In May, Will Fed Ride To The Rescue? →
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