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Author: alan81 ✧  😊 😞
Number: of 80440 
Subject: Crazy world economic data
Date: 06/05/26 6:01 PM
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The May jobs report came in much stronger than expected. The unemployment rate unchanged. Concerns that the Fed will raise interest rated resulted in a significant market drop. How will the various political parties play this one?
Alan
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Author: Steve203 ⎊🐝  😊 😞
Number: of 80440 
Subject: Re: Crazy world economic data
Date: 06/05/26 8:40 PM
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The May jobs report came in much stronger than expected.

But is it real? I posted earlier today, for those who forgot, Trump the Most Perfectly Perfect fired the head of BLS last year, for issuing a "jobs" report he didn't like.

Steve
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Author: alan81 ✧  😊 😞
Number: of 80440 
Subject: Re: Crazy world economic data
Date: 06/05/26 9:07 PM
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But is it real? I posted earlier today, for those who forgot, Trump the Most Perfectly Perfect fired the head of BLS last year, for issuing a "jobs" report he didn't like.
So the fed pushes the economy into a recession because they had bogus data. Wouldn't that be a hoot...
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Author: wzambon ✶🐝🐝 HONORARY
SHREWD   😊 😞
Number: of 80440 
Subject: Re: Crazy world economic data
Date: 06/05/26 9:08 PM
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But is it real?

The enduring question.
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Author: Steve203 ⎊🐝  😊 😞
Number: of 80440 
Subject: Re: Crazy world economic data
Date: 06/05/26 9:44 PM
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The enduring question.

A post on the Fool quotes the Challenger Gray report for May that job cuts were up 16% from April, and the highest May number since 2020, when the economy was shut down.

U.S. employers announced 97,006 job cuts in May, a 16% increase from April and the highest May total since 2020. The technology sector led the layoffs by a wide margin, driven heavily by artificial intelligence adoption and structural industry resets.

https://discussion.fool.com/t/summary-may-2026-cha...

Steve
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