Nonfarm payrolls added 272,000 jobs in May 2024, yet unemployment rose to 4% with 408,000 fewer people reporting jobs.

US outstrips expectations with 272,000 jobs added in May https://t.co/aXJ5Z4ehoT — Financial Times (@FT) June 7, 2024 Probably nothing https://t.co/Arf3av21Aj — The Macro Guy (@SagarSinghSetia) June 7, 2024 You can't make this up: First you say the economy added ~150K-200K jobs a month to a total ~500,000 in a quarter showing that everything is wonderful. …

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