By James Sherk at The Daily Signal
June 3, 2016
On Wednesday President Barack Obama took an economic victory lap in Elkhart, Indiana. The Bureau of Labor Statistics’ employment report, which came out Friday, shows he was far too optimistic.
Both the household and payroll surveys showed employment growth slowing to a crawl in May, while hundreds of thousands of Americans stopped looking for work. Seven years after the recession officially ended the economy is not out of the woods.
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