Lousy Jobs Report Puts Obama On The Spot | Talking Points Memo

The economy gained just 69,000 jobs in May, way down from economists’ expectations of 150,000 or more, ticking the unemployment rate up to 8.2 percent, the Bureau of Labor Statistics announced Friday. Adding insult to injury, already sluggish jobs numbers from March and April were revised downward by 49,000. The year’s early gains are starting to look more like an outlier than a recovery building real momentum.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=98390