Hungary

411,000 of 431,000 New Jobs Are Census Workers

Unemployment fell to 9.7% with the new jobs report that 431,000 jobs had been added; only problem is that 411,000 of those jobs are temporary Census workers.  The DOW dropped 200 points on the opening because of these job numbers, but is recovering as of this writing; currently at -168. Payrolls rise on Census but private hiring weak WASHINGTON (Reuters) - Private employers hired fewer workers than expected in May, a setback for the labor market recovery, even as temporary census hiring pushed overall payrolls growth to its fastest pace in 10 years. The Labor Department said on Friday payrolls…
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