Jobs Numbers: Get Used to Bad Employment Data

Today’s employment figures show that America has entered job stasis. The headline number—69,000 jobs added—was weak at best, made worse by revised data for March and April that subtracted another 50,000 jobs, give or take. The unemployment rate nudged up to 8.2 percent from 8.1 percent, but truly the most notable thing about this release was that there was nothing truly notable.

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