Biden: May jobs report will be strong

WASHINGTON Tue Jun 1, 2010 1:53pm EDT

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WASHINGTON (Reuters) - Vice President Joe Biden on Tuesday predicted the upcoming May employment report would show a much larger number of jobs created than in the previous month, when 290,000 jobs were added.

"It is going to be well beyond that this time," he told a Democratic Party fund-raising event in New York.

Analysts polled by Reuters forecast May's employment report will show 513,000 new U.S. jobs were created. The closely watched data is scheduled to be released on Friday.

(Reporting by Alister Bull; Editing by )

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Comments (6)
DougK-1949 wrote:
Sure it will be – the Census workers will be counted but they are all temporary jobs. Also, they will hire/fire these workers over a 2 month period. Each time they hire and fire the same worker it counts as a new job. Hire on Monday, fire on Tuesday, hire again on Wednesday, fire on Thursday, hire on Friday. Three new jobs in one week per the government using one warm body. They will be heroes and not a damn thing changed!!!

Jun 01, 2010 2:24pm EDT  --  Report as abuse
CHorsham wrote:
This should be non-farm private job creation reported from ADP over and above census workers. Fox News reports this “could be the strongest employment report in more than 10 years.”

Jun 01, 2010 3:36pm EDT  --  Report as abuse
EagleDriver wrote:
This is the biggest do nothing administration in history. Besides taking numerous expensive trips and fighting for socialist agenda laws, nothing gets done. They sit around and wait for the economy to fix itself and report it, but do nothing to support it. Their ineptness is criminal.

Jun 01, 2010 3:47pm EDT  --  Report as abuse
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