School's Out for Summer, and the Timing Messed With May's Jobs Data

Statistical quirks explain some of the big swings in U.S. employment numbers.
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Prising: Workforce Participation Rate at Historical Low

Remember how unexpectedly bad the May U.S. employment report was? With Friday's release of June employment data, it turns out the weakness was a fluke after all—and it looks like a big part of it was due to seasonal quirks related to the timing of the end of the school year.

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