…..Dow, S&P, Nasdaq hit record highs. The economy added 138,000 jobs in May – below expectation. Unemployment rate drops to 4.3% – because people fall from labor market. U6 down to 8.4%. Wages show small gains. Employers lament and the solution. Fed on glide path to raise rates in June.   Financial Review by Sinclair Noe for 06-02-2017 DOW + 62 = 21,206 SPX + 9 = 2439 NAS + 58 = 6305 RUT + 9 = 1405 10 Y – .06 – 2.16% OIL – .56 = 47.80 Job growth slowed in May. The economy added 138,000 jobs. The unemployment rate dipped to 4.3%.  Employment gains in the prior two months were not as strong as previously reported. May’s job gains marked a sharp deceleration from the 181,000-monthly average over the past 12 months, and missed consensus estimates. In the first five months of 2017, the U.S. has added an average of 162,000 jobs a month. That’s down from 187,000 in 2016 and as many as 250,000 a month in 2014, a post-recession high. Under the Trump administration, the economy has added 594,000 new jobs, or an average of 148,000 per month.   The economy created 66,000 fewer jobs than previously reported in March and April. The government cut its estimate of new jobs created in April to 174,000 from 211,000. And March’s gain was reduced to 50,000 from 79,000. Over the last three months, the United States added an average of only 121,000 jobs — the lowest three-month ...