U.S. employers add solid 280,000 jobs in May

These figures never say how many of these new jobs are real jobs ie full time.

The Obama boom just keeps on rolling. The USA has finally recovered from the Bush Great Recession. Reagan/Bush, bust, Clinton, boom, Bush, bust, Obama, boom. Anyone see a pattern there. Democrats are far better at managing the economy that republicans. Very clear evidence there. If the Romboid were President now I am sure we would be in another recession/depression but his hedge fund buddies would be paying on taxes at all.

Many are probably summer jobs. 280,000 ice cream scoopers, park cleaners and caddies.

Robust!?

AP, you sure do crack me up

Sandy: [with heavy Scottish brougue]: Carl, I want you to kill all the gophers on the course.

Carl: Correct me if I'm wrong, Sandy, but if I kill all the golfers, they'll lock me up and throw away the key.

Sandy: Not golfers, you great git! Gophers- the little brown, furry rodents!

Carl: We can do that. We don't even have to have a reason.

A good way is to track US sentiments, meaning how Americans are feeling it:

http://ieconomics.com/united-states-consumer-confidence

That tracks Business Confidence, Consumer Confidence, Consumer Credit, Consumer Spending, and Disposable Personal Income simultaneously over time.

Consumer Confidence drops slightly to ~91 in May 2015, likely due to the slow 1Q 2015 due to the heavy snowy winter, but that's still quite high since the Great Recession when it dropped to as low as ~55.

Meantime, there's uptick in employment since businesses are feeling more confident, as Business Confidence went up to ~53. Business Confidence usually vacillates around the 50 mark.

But ADP (USA's largest payroll processor) revised its April jobs estimate downward from a number that was already below analysts' expectations, and its May estimate was also below expectations.

http://www.nasdaq.com/article/private-sector-added-201000-jobs-in-may-less-than-expected-20150603-00402

... Private payrolls in the U.S. increased by 201,000 jobs in May, says the national employment report compiled by payroll processor Automatic Data Processing Inc. and forecasting firm Moody's Analytics. Economists surveyed by The Wall Street Journal expected ADP would report a stronger number of 215,000 jobs added last month. The April ADP increase was revised down to 165,000 from 169,0000, a number that also had been below expectations. ...