[boxsmith13]

This isnt thta surprising. Two economist I read regularly are Carolyn Baum and Larry Kudlow. Both said about 2 moths ago that income tax with holding had risen sharply in the past few months. This is actualyl a better indicator of employment and wage growth than anything the BLS or DOL has since it is not a snap-shot or survey of a few thousand business but is a picture of the entire economy.

Since the last two weeks saw unemployment clains fall sharply, expecy May's numbers to be above 300,000 once again. April's 288,000 will be revised upward to over 300,000 and March's 308,000 was revised to 337,000 and Feb's 43,000 to over 80,000. Means BLS is finding new payroll employment in start-up firms not just established ones.

[aft_lizard]

I expect Mays numbers to be in the 400,000 range. I base this off of seasonal hirings, increase in income tax collections and a decline in UE claims, couple that with 3 quarters of solid growth this could be the summer of democratic discontent.