Clinton locks up Democratic Nomination

Hillary_Clinton_official_Secretary_of_State_portrait_cropBernie verses Hillary. For months we have seen it. For me, now it is over. Hillary Clinton has just won New Jersey. This basically seals the deal. For all those who supported Bernie Sanders,there is nothing to be sad about. He was a long shot, at best. His job was to pull Hillary to the left. He did that. I suspect that he will continue to the convention in order to keep Hillary from drifting to the right.

From NYT:

Hillary Clinton rolled up a huge victory margin in the New Jersey primary on Tuesday as she prepared to claim the Democratic presidential nomination and begin the task of swaying supporters of Senator Bernie Sanders of Vermont to unite with her against Donald J. Trump.

Mr. Sanders made plans to lay off most of his campaign staff, yet he appeared reluctant to let go completely after months of political warfare against a Clinton machine that he holds in thinly veiled contempt. With six states voting on Tuesday, Mr. Sanders was holding out hope for a huge upset in the California primary to justify staying in the race and lobbying Democratic officials to support him in a contested convention next month.

Montana, New Mexico and the Dakotas also held Democratic contests on Tuesday. Republicans voted in several states, although Mr. Trump became the presumptive nominee in early May.

As Mrs. Clinton sought to turn her attention to the general election, Mr. Trump, who had a weekslong head start, was busy reckoning with problems of his own making. His criticism of a federal judge, Gonzalo P. Curiel, for the judge’s Mexican heritage continued to inflict damage on his campaign, as the House speaker, Paul D. Ryan, called Mr. Trump’s remarks racist and other Republicans piled on criticism. One Republican senator rescinded his support. (more…)

Jobs Report – May 2016

jobs

From BLS:

The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and
nonfarm payroll employment changed little (+38,000), the U.S. Bureau of Labor
Statistics reported today. Employment increased in health care. Mining continued
to lose jobs, and employment in information decreased due to a strike.

Total nonfarm payroll employment changed little in May (+38,000). Job growth
occurred in health care. Mining continued to lose jobs, and a strike resulted
in job losses in information. (See table B-1.)

Health care added 46,000 jobs in May, with increases occurring in ambulatory
health care services (+24,000), hospitals (+17,000), and nursing care facilities
(+5,000). Over the year, health care employment has increased by 487,000.

In May, mining employment continued to decline (-10,000). Since reaching a
peak in September 2014, mining has lost 207,000 jobs. Support activities for
mining accounted for three-fourths of the jobs lost during this period, including
6,000 in May. (more…)