U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%

[Wiz Imp]

8. Perfect illustration why you should never put too much stock in

in a single month's report. Yes, the May numbers were surprisingly better than expected. But not only was June lower than expected, April and May's numbers were revised downward significantly. As a result, the job total is now 17,000 below the total reported on the May report.

Really terrible numbers for Trump.

https://www.bls.gov/news.release/empsit.nr0.htm

The change in total nonfarm payroll employment for April was revised down by 31,000, from
+179,000 to +148,000, and the change for May was revised down by 43,000, from +172,000 to
+129,000. With these revisions, employment in April and May combined is 74,000 lower than
previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)