ECONOMY WATCH: The U.S. adds 559,000 jobs in May – below 671,000 forecast. Official unemployment rate drops to 5.8% from 6.1% (it’s not really that low). Size of labor force actually declines, a negative. Mediocre report overall. Biggest hurdle appears to be a labor shortage.
— MarketWatch Economy (@MKTWeconomics) June 4, 2021
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