Despite a forecast of 160,000 new jobs, the Obama Department of Laborannounced that job creation in May plunged to 38,000, the worst monthly performance in 6 years.The May jobs report issued on June 3 came in at 76 percent worse than the Bloombergaverage of estimates by 90 Wall Street economists. The addition of just 38,000 workers is the lowest jobs number since September 2010, and is a huge dive from the 123,000 new jobs generated in April. In a statistical fluke, the U.S. unemployment rate declined by 0.3 percentage points, to 4.7 percent in May, as frustrated American workers gave up trying to find jobs and dropped out of the labor force. The total number of Americans not in the labor force also hit a new high, at 94,708,000. The terrible economic performance tanked the foreign exchange rate of the U.S. dollar by almost one percent. The stock market, which was up about one half percent in pre-opening trading, tanked a full percent after the employment news. Employers in May added the fewest number of workers in almost six years, reflecting broad cutbacks that may raise concern about U.S. growth and prompt Federal Reserve policy makers to put off an increase in interest rates. Wow didn't Obama just a couple months ago at one of his press conferences that the economy was succeeding? The thing is I bet 38,000 jobs is even a big fat lie. More than likely the actual number is much lower, because we all know how most these jobs are temporary jobs and not actual jobs that are full time paying. With this horrible jobs report we should now likely see the Federal Reserve chair Janet Yellen increase interest rates, which will likely even lead to more economic turmoil. They continue to release job report numbers, when they should really show unemployment numbers of almost 100 million Americans. Worst job report in six years just goes to show we have never recovered from the recession, like the Obama administration and their news outlets claim about the recession being over.