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May Jobs Report Changes Landscape for Fed

A disappointing employment report coupled with other signs of a slowing economy make a June rate hike much less likely, says Morningstar’s Bob Johnson.

Jeremy Glaser: For Morningstar I'm Jeremy Glaser. The U.S. economy added a disappointing 138,000 jobs last month, and we're here with Bob Johnson, our director of economic analysis to see what went wrong. 

Bob, thanks for joining me.