re: Jobs number blows out expectations - 528k vs 268k expectation, unemployment falls to 3.5%

Since Mid-March the Initial Jobless Claims have risen fairly steadily most weeks. With this last week being no different and the Labor Force Participation Rate trending downward since March as well, either the Unemployment numbers are bullshite or an increasing amount of people are simply giving up looking for a job and hopping on the welfare wagon (or possibly some combination of the two, working multiple part-time jobs, etc).