............................................................... ECONOMIC LOGIC: May Employment Report is good news (the expectations were unreasonably high)

Source of most charts:

https://tradingeconomics.com/united-states/indicators

Establishment Survey

(aka "non-farm payroll")

Jobs growth by month

Household Survey Unemployment Rate
by month:

25 year long term charts follow:

Non-Farms Payroll:

Employment Rate:

Employed Persons:

Unemployment Rate:

Unemployed Persons:

Labor Force Participation:

Full Time Employment:

Part Time Employment:

Continuing Jobless Claims:

Long Term Unemployment Rate:

............................................................... ECONOMIC LOGIC