The triple witching days are going to be VERY interesting later on this year.

>The good : Economy adds 431K jobs
>
>The bad : The unemployment rate, which is derived from a separate survey than the payroll figures, fell to 9.7 percent from 9.9 percent. The dip partly reflected 322,000 people leaving the labor force for a variety of reasons.
>
>The Ugly : Virtually all the job creation in May came from the hiring of 411,000 census workers. Such hiring peaked in May and will begin tailing off in June. By contrast, hiring by private employers, the backbone of the economy, slowed sharply. They added just 41,000 jobs, down from 218,000 in April and the fewest since January.
>
>The Spin : Obama said during a speech Friday. "This report is a sign that our economy is getting stronger by the day."
>
>The Wall Street : Wall Street took the report as a disappointing setback. Many investors had grown optimistic in recent days that the economy was gaining strength and that would be reflected in the May employment data. They hoped a strong U.S. jobs report would put aside some concerns that Europe's debt crisis could upset the U.S. recovery. The weak private-hiring data sent a reminder that economic obstacles at home and abroad remain.
>
>The Main Street : The number of people out of work six months or longer reached 6.76 million in May, a new high. They made up 46 percent of all unemployed people, also a record high.
>
>http://finance.yahoo.com/news/Payrolls-up-431000-lifted-by-apf-573465896.html?x=0&.v=11
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>How does the present compare with historical jobless recoveries?
>Average duration of unemployment:
>June 1984 (peak of the 80s): 20.8 weeks
>January 2009 (Obama inaugurated): 19.9 weeks
>April 2009 (new record high at the time): 21.8 weeks
>April 2010 (most recent and highest ever): 33.0 weeks
>
>http://www.americanthinker.com/blog/2010/06/graph_of_the_day_for_june_3_20.html
>
>Tick!