431,000 Job Gain in May - 411,000 of them Temporary Census Workers (unemployment rate, statistics)

[sanrene]

This is NOT good news. The experts were "expecting" over 550,000 jobs created.

Employment Situation Summary

Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined.
The unemployment rate edged down to 9.7 percent.

So private sector hiring dropped dramatically from last month.

The change in total nonfarm payroll employment for March was revised from +230,000 to +208,000, while the change for April remained at +290,000.

Revised downward.

[68vette]

The Dow Futures droped 100 points within seconds of the news. We could be headed for a W recovery with the big problems in Europe and stronger dollar.

[Finn_Jarber]

Unemployment rate falls to 9.7%.

This is really bad. Worse, it is disgusting.

Let us all cry about this for a minute:

[florida.bob]

Originally Posted by sanrene

This is NOT good news. The experts were "expecting" over 550,000 jobs created.

Employment Situation Summary



So private sector hiring dropped dramatically from last month.



Revised downward.

When one is hoping for demise, I guess "little change" of +41,000 is a dramatic drop?

[sanrene]

It IS really bad. An economy in recovery should be gaining jobs at a good clip.

According to the report 200,000 LEFT the workforce after gains for the last few months.

You should be crying, most definitely.

[HappyTexan]

I read yesterday that 80% of our jobs are service based.
80% service based....that is a sad realization about our country.

[Jadex]

Originally Posted by Finn_Jarber

Unemployment rate falls to 9.7%.

This is really bad. Worse, it is disgusting.

Let us all cry about this for a minute:

It is when those hired are only short term for census

[sanrene]

Originally Posted by florida.bob

When one is hoping for demise, I guess "little change" of +41,000 is a dramatic drop?

I know it's hard to get around the facts.

March and April had modest private sector gains and then May dips down to basically a wash, that is NOT what one would want to see in a fragile recovery.

Really, really BAD news.

I wonder if AP/News by reporting the figures is also hoping for "demise".

So just the act of reporting these figures is upsetting to you?

[florida.bob]

Originally Posted by sanrene

I know it's hard to get around the facts.

March and April had modest private sector gains and then May dips down to basically a wash, that is NOT what one would want to see in a fragile recovery.

Really, really BAD news.

I wonder if AP/News by reporting the figures is also hoping for "demise".

So just the act of reporting these figures is upsetting to you?

No, reporting them is fine, reveling in them .......?

[Frank DeForrest]

Originally Posted by florida.bob

No, reporting them is fine, reveling in them .......?

I don't see any joyous words of celebration in the o.p.
Could you point them out for us?