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May's jobs report stunner: real deal or head fake?
The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a faster economic recovery than expected. More than 2.5 million people were newly employed last month, the Labor Department reported on Friday, but that follows a record drop of more than 20 million in April. The unemployment rate fell to roughly 13% compared to almost 15% in the prior month. Much of the rise in jobs was centered on hardest-hit industries in food services and drinking places, which added 1.4 million jobs and accounted for about half of the ... (full story)
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Confucius: the man who broke the mountain was the same man who started ...
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