UNEMPLOYMENT, MAY 2016

Unemployment keeps falling no matter which metric you use (see figure).*

(Click on Figure to enlarge)

In a separate report, the Institute for Supply Management says its services index fell to 52.9 last month from April's 55.7. It was the lowest reading since February 2014. Anything above 50 signals growth.**

(Click on Figure to enlarge)

You will want to read the full articles cited.

* http://www.cnbc.com/2016/06/03/charts-whats-the-real-unemployment-rate.html
** http://www.cnbc.com/2016/06/03/may-ism-non-manufacturing-and-april-factory-orders-released.html