May Jobs Report Falls Short – Second Month In A Row

The May jobs report wasn’t horrible, but it fell short of expectations. This is the second month in a row that the report has been short.

Democrats and the media will try to make all kinds of excuses for Biden but that won’t work.

At the end of the day, Biden is left holding the bag.

Townhall reports:

‘It Is a Miss’: Employment Numbers Fall Short Again in May Jobs Report

The Bureau of Labor Statistics released its monthly report Friday detailing the uptick in Americans returning to work, though the numbers are still lower than expected.

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Nonfarm payroll employment increased by 559,000 in May, bringing the unemployment rate down 0.3 percentage points to 5.8 percent. Noteworthy workforce gains occurred in leisure and hospitality, public and private education, and healthcare and social assistance. The total number of unemployed persons fell 496,000 to 9.3 million.

While it’s good to see Americans getting back to work, the general consensus projected was closer to 670,000, a whopping 100,000 more jobs than what manifested last month. This shouldn’t come as a surprise, as only 266,000 new jobs were created in April while the initial consensus foreshadowed nearly 1 million.

Even CNN couldn’t spin this as great news and had to admit it was a miss. Watch:

Biden and Democrats own this.

Democrats would make Trump own this if he was still president.

Now it’s their responsibility.

 

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