Job growth in May — or, more accurately, the lack of growth — indicates that the economic “recovery” is coming undone.

With 13.9 million people out of work, according to the federal government’s unemployment calculations (a tally that excludes those who are classified as “discouraged” workers and “involuntary part-timers”), the Labor Department reported that only 54,000 jobs were added to nonfarm payrolls in May, down significantly from an average of 130,500 new jobs per month during the first four months of this year.

Even with the economy growing at the higher rate of 130,500 new jobs per month, it would still take nine years to get the 13.9 million jobless workers back on the job.

President Obama referred to the lack of job growth in May as “a bump in the road.” Unfortunately, it’s more like a 100-car pileup.

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