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   From: reality_bites@yahoo.com   
      
   Paul Ashworth, chief North America economist, Capital Economics   
      
   "The bigger-than-expected 339,000 increase in non-farm payroll employment   
   in May will dominate the headlines, but the employment report was not all   
   positive — with a big drop in the household survey measure of employment   
   driving the unemployment rate up to a seven-month high of 3.7% and average   
   weekly hours worked edging down to a three-year low.   
      
   "The upshot is that the Fed can still afford to skip a rate hike in June."   
      
   Ellen Zentner, chief US economist, Morgan Stanley   
      
   "May payrolls were well above expectations, but households reported a   
   significant loss of jobs. The report today continues to point to a soft   
   landing for the economy and should keep market expectations for a July   
   hike in play."   
      
   Lydia Boussour, senior economist, EY   
      
   "The labor market has become difficult to decipher but recent data along   
   with our conversations with business executives indicate that labor market   
   conditions are softer than the headline payroll print suggests. We   
   continue to anticipate a deterioration in labor market conditions in   
   coming months featuring hiring freezes, strategic resizing decisions and   
   wage growth compression."   
      
   Woops..   
      
   --- SoupGate-Win32 v1.05   
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