A "whopping" 69,000 jobs were created by US employers in May 2012.
UE rose to 8.2% after April's numbers were revised.
For everyone that hasn't had enough coffee this morning, that means the new jobs in April didn't make up for unemployment claims increase.
No so good.
Drudge already has it in a big, bold, red headline on his site.
There are plenty of reasons/excuses.
Business is shy about hiring a la the latest Euro crisis.
The Facebook IPO hasn't helped.
That we didn't spend more in stimulus may be catching up with us.
That we didn't revise our trade policies to be more centric to the American worker, and establish a jobs program to work on infrastructure, certainly doesn't help.
And, ironically, as the wars in Iraq and Afghanistan are ended, the labor pool increases.
I won't post 15 different pundits' opinions on the matter; I'm sure that'll be taken care of tomorrow.
I'll post mine though: this is good news for John McCain Mitt Romney.