There is a strong divergence within the May jobs report as released by the Bureau of Labor and Statistics (BLS) [DATA HERE].  Payrolls increased 339,000 in May from April and previous months were revised up by 93,000. That is good news.  However, the household survey, from which the unemployment rate is derived, showed employment down … Continue reading May Jobs Report Show 339,000 Jobs Gained, Worked Hours Declines, Unemployment Rate Increases to 3.7%