May jobs report- warming up or hot air?

2.5 Million jobs added, unemployment rate down to 13.3% from 14.7% in April. Businesses have been opening up and we're seeing a lot of positive signals.

However, it's only one month of data and there have been conflicting reports about the measurement, including a revised count from the BLS.

How do you feel about the most recent report? Have you seen "The Great Rehiring" beginning at your company or in your community?

Comments

  • It's encouraging that businesses are beginning to open, but I'm pessimistic that this report is an indication things are turning around. I think there's going to be a few more ups and downs before we see unemployment steadily tread downward.
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