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May Jobs Report

KEY DATA: Payrolls: +38,000; Revisions: -59,000; Private Sector: 25,000; Unemployment Rate: 4.7% (down from 5%); Wages: +0.2%/ ISM (Non-Man.): -2.8 points/ Deficit: +$1.9 billion IN A NUTSHELL: “Take a deep breath, breathe slowly and don’t panic – yet.” WHAT IT...