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E
conomists’ expectations for the monthly jobs report couldn’t be any lower thes
e days.Despite that, the Bureau of Labor Statistics’ newest employment data for May once again exceeded dour presumptions, even as the labor market continued to slow down from its feverish churn a few
years back.Diving into the data. Employers added 139,000 jobs in May, beating economists’ forecasts of 120,000, but declining from the 147,000 job gain reported in April. At the same time, employment growth stats for March and April were revised down by 95,000. March payroll growth shrank from 185,000 jobs added, as originally estimated, to 120,000 jobs