BREAKING: Employment report (MAY)
— (((Howard Forman))) (@thehowie) June 2, 2023
New Jobs: 339K vs. 195K expected
Unemployment rate: 3.7% vs. 3.5 % expected
Hourly earnings growth: 0.3% vs. 0.3% expected
Adjustments ADD 93K
While unemployment rate (household survey) ticked up, this is otherwise a VERY strong report.