"This is a seriously weak payroll picture," said Ian Shepherdson, chief U.S. economist for High Frequency Economics.
Job growth in May totaled 75,000, less than half the consensus forecast of economists before the Labor Department's announcement. And half of the 75,000 gain in May was offset by a 37,000 downward revision in estimates of job growth in previous months....
Here is what Deborah Pryce had to say about the job numbers. This is from the same article mentioned above:
Rep. Deborah Pryce of Ohio, chairman of the House Republican Conference, pointed out that May represented the 33rd straight month of job growth. "What's not to like about this economy?" she asked. "Virtually everywhere you look, you see good news."
Obviously, Pryce can no longer understand that jobs are not that plentiful and are not paying well. She must not be aware that people in her home state of Ohio are losing jobs when businesses leave and plants close. Pryce has no compassion for those who are losing jobs or people who are looking for work. To see the list of companies and planned layoffs in the state of Ohio visit: http://jfs.ohio.gov/warn/current.stm
Does Pryce really believe that 'virtually everywhere you look, you see good news'? Has Pryce checked what is going on in her home district?