May Job Numbers Disappointing
A much weaker jobs report than anyone expected, 38,000 jobs created in May, the lowest in five years, prompting swift reaction from one presidential candidate.
FOX’s Jon Decker has more from the White House:
The presumptive Republican nominee Donald Trump calls the unexpectedly low job numbers a bombshell and he tweeted just after its release, ”terrible jobs report just reported.”
Unemployment fell to 4.7 percent, down from April’s five percent, but 458,000 workers left the workforce in May.
Jason Furman, the chairman of the White House Council of Economic Advisers, conceded that May’s job numbers were “considerably below both expectations and the pace of growth in recent months.”
Meanwhile, the Republican Chairman of the House Education and the Workforce Committee called the report “deeply troubling and the latest sign that our country is heading in the wrong direction.”
At the White House, Jon Decker, FOX News.
