May 2016 non-farm payrolls report results
– Prior non-farm payrolls 160K (revised to 123K)
– Two-month net revision -59K
– Participation rate 62.6% vs 62.8% prior
This isn’t a good time to buy US dollar dips. There were worries the Verizon strike would cut 40K jobs but that still leaves 80K jobs missing, and another 59K lost for revisions.