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Job Growth Slows to a Near Halt in May

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Job growth disappointed in May, rising by just 38k. This was well below the consensus forecast for 160k. A strike at Verizon weighed on the headline number in May, but not enough to account for the fairly broad-based slowdown in job growth. Revisions worsened the blow, subtracting an additional 59k from[​IMG]

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