May Employment: Not Great Expectations

Perhaps the economists are just trying to play it safe because they seriously overestimated U.S. job creation in April.

In any event, the Conference Board's Ken Goldstein, for example, doesn't look for May's nonfarm job creation to be much stronger than April's 138,000. What's more, Goldstein says June "could continue in the same direction."

The U.S. Labor Department is slated to release May employment figures this Friday, June 2.

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