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Why We Are Here => Economics & Investing => Topic started by: rcjordan on June 05, 2026, 01:27:20 PM

Title: The US jobs report for May is out, and it includes a big upside surprise
Post by: rcjordan on June 05, 2026, 01:27:20 PM
Mohamed A. El-Erian‬


1. Job Creation: A significant beat at 172,000 versus the 88,000 consensus forecast (and a "breakeven" rate of ~50,000); and
2. Revisions: The previous two months were revised up by a substantial 93,000.
Title: Re: The US jobs report for May is out, and it includes a big upside surprise
Post by: rcjordan on June 05, 2026, 04:36:54 PM
"Strong jobs data and expectations the Federal Reserve will maintain or raise interest rates this year pushed gold and silver prices to two-month lows on Friday."