BLS issued job numbers today and May was still very strong. 390K new jobs, participation rate is up and unemployment rate steady at 3.6%. We're in a bizarre sit

BLS issued job numbers today and May was still very strong. 390K new jobs, participation rate is up and unemployment rate steady at 3.6%. We're in a bizarre situation where labor is in such short supply that eliminating millions of jobs would just bring us to parity and not lead to a spike in unemployment. It would at least relieve upward pressure on wages and possibly put downward pressure.