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Mixed US Jobs Report Leaves Fed In Limbo
The US economy added more jobs than expected last month while revisions subtracted 111,000 from the prior two months' headline readings, government data released into a post-holiday lull showed.
At 206,000, the headline NFP print came in comfortably ahead of the 190,000 consensus. In case that might've been "too hot," the outsized revisions took the edge off. And then some.
April's headline was revised down by 57,000 and now stands as the weakest read on US job creation since the economy shed
Seems good. Jobs decline gradual not crashy, UE > 4% might prod FOMC closer to action in September.
Wish these goddang woke colleges would stop brainwashing kids into becoming nurses