The labor department released the May jobs report.
223,000 jobs were added last month. Wall Street economists had expected an increase of about 190,000, according to Bloomberg.
The unemployment rate fell to 3.8% which is the lowest since 2000.
Black unemployment? Is down to 5.9%, from 6.6% in April. The white rate is 3.5%. That’s the smallest gap ever recorded between the two since the government started releasing the racial data in the ’70s. This coming from Daniel dale.
We have a chance to be at a staggering 4.7% GDP in quarter 2!!!
Remember when Barack Obama said the jobs weren’t coming back? They are!