M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Summary of the May jobs report which is a huge upside surprise. Top line numbers, including jobs (+2.5 mm vs negative 7.5 expected) and unemployment rate (declining to 13.3% vs 19.1% expected) are counter to all expectations I saw. In sum, a head scratcher that needs analysis. #jobs #unemployment
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