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May Jobs Prints With Robust Growth, but Some Analysts Throw Shade on Government Data

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May Jobs Prints With Robust Growth, but Some Analysts Throw Shade on Government Data
Signs explaining Federal Deposit Insurance Corporation (FDIC) policy and other banking policies are shown on the counter of a bank in Westminster, Colo., on Nov. 3, 2009. Rick Wilking/Reuters
J.G. Collins
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Commentary
The Bureau of Labor Statistics (BLS) announced robust jobs growth of 272,000 new jobs in May, according to the Establishment Survey, a collection of job creation data from businesses. The number is well above the 182,000 consensus estimate. March and April jobs creation revisions were down by 15,000 jobs, total.
J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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