The Labor Department said nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at 3.5%.

Economists surveyed by Dow Jones had been looking for job growth of 160,000. The jobless rate met expectations for staying at a 50-year low.

A more encompassing jobs rate that includes discouraged and underemployed workers fell to 6.7%, the lowest it’s ever been in records going back to 1994.

Source: CNBC

In messages from April 2017, one Boeing employee told another: “This airplane is designed by clowns who in turn are supervised by monkeys.”

Another message showed a Boeing employee hopeful they could “gang up” on regulators and steer them “in the direction we want.”

A Boeing employee asked a colleague in a February 2018 message: “Would you put your family on a MAX simulator-trained aircraft? I wouldn’t.” His co-worker replied: “No.”

In the same exchange, one of the employees says: “Our arrogance is our demise.”

Boeing said some of the messages “raise questions about Boeing’s interactions with the FAA in connection with the simulator qualification process.”

The “communications do not reflect the company we are and need to be, and they are completely unacceptable,” Boeing said.

The 737 Max has been grounded since mid-March after two crashes killed 346 people.

Source: CNBC

The House passed a resolution to limit President Donald Trump’s war powers against Iran.

The measure, which does not carry the force of law, said Trump should withdraw U.S. forces from conflict with Iran within 30 days if he does not get congressional approval.

Source: CNBC

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Tommy O'Brien
TFNN