No, you didn't read that wrong. That's what happened.
Seems the experts expected more jobs to be added than were added. And this happens a lot. Go back and read all the news reports about jobs and prices and such. You'll see the phrases "unexpected" or "worse than forecast" and phrases like that.
Today's is a report from Bloomberg that says, essentially, "Whoops! Not as many jobs as the experts thought":
Companies in the U.S. added fewer workers than forecast in May, a sign that job growth is struggling to gain momentum, data from a private report based on payrolls showed today.How many weeks, months, and, now, years, do the "experts" that are carrying the water for Obama and his Merry Band of Misfits have to be wrong before the media quit considering them as experts.
Trick question! The mainstream media is part of Obama's Happy Horde!
I wonder what all surprises that crew.
- A man fell into the river and was unexpectedly wet.
- A man poked a live alligator with a sharp stick and was unexpectedly bitten.
- A man stuck his hand in the fire and was unexpectedly burned.
- The home team was outscored by the other team and unexpectedly lost the game.
- A couple went on vacation to Florida and unexpectedly encountered several beaches.
- The wind blew and the trees unexpectedly swayed,
- A child bit into an ice cream and it was unexpectedly cold.
- The sun unexpectedly rose in the east this morning.
- A blogger wrote a post reusing some of the same examples he used in a post less than 24 hours earlier and readers unexpectedly noticed.