Once again markets are celebrating a "strong" May jobs report, with 139K jobs beating estimates by 10K, while ignoring the 95K downward revisions to the prior two months. But beneath the surface, the May jobs report, which showed even slower job growth than the prior month, was…
— Peter Schiff (@PeterSchiff) June 6, 2025
The recession is close, but not there yet. pic.twitter.com/sxFp882b0H
— Guilherme Tavares (@i3_invest) June 6, 2025
Of course, Apr figure -30K, so that is offsetting numbers on the +13K headline beat for May.
But AHE +0.4% vs +0.2% cons also will give the Fed plenty of ammunitions to be hawkish.
Overall, the Fed can afford to be patient. https://t.co/bz2JC5wLAv
— Mr. VIX (@yieldsearcher) June 6, 2025
This or 'biden math'https://t.co/KcOs4Ipl0h
— Marko Kolanovic (@markoinny) June 6, 2025
"Don't expect the market to go anywhere this summer," JPMorgan, $JPM, has said, per CNBC
— unusual_whales (@unusual_whales) June 6, 2025
April payrolls revised from 177K to 147K
March payrolls revised 185K to 120K— TT3 (@TradingThomas3) June 6, 2025
Full-time workers -623K
Part-time workers +33K— zerohedge (@zerohedge) June 6, 2025
Just In: The US economy added 139,000 jobs in May. That’s a tad above expectations of 125k, but there were big revisions down for March and April.
–>Note that nearly half of the May job gains were in healthcare. And the federal government shed -22,000 jobs.
Unemployment rate… pic.twitter.com/q1Uq4RBghw
— Heather Long (@byHeatherLong) June 6, 2025
BofA’s Hartnett Says Stocks Are Close to Setting Off Sell Signal
What do you think? pic.twitter.com/2l0ir0Y9su
— Menthor Q (@MenthorQpro) June 6, 2025