Hey, you guys! Things are looking up, according to former Michigan governor and lefty commentator Jennifer Granholm. The drop in unemployment is totally “Gr8 news,” tweeted Granholm as she tapped into her inner Tony the Tiger.

Drop? No.

The May jobs report noted a slight uptick to 7.6 percent unemployment. And while the report was apparently better than expected, “Gr8” is a stretch. Granholm corrected her error, but note: She still thinks the report is pretty sweet.

More on what the current labor participation levels mean:


More analysis and context from James Pethokoukis:

Exit question: