Manufacturers added 22,000 jobs in may. To my panel for reaction we have mike murphy. And stephanie, you have been cautious on earnings. It wasnt a surprise to you to see the numbers coming in weaker than expected, waits. Obviously employment is only as good as profit growth. We are in a process recession accord together Government Data reported last week. The fourth square and First Quarter her negative. So we are clearly in a process recession. I think what we have seen is Pricing Power has been incredibly low for most of corporations. And they had this situation where prices have been going up faster than the ability to possible them on to consumers for almost two full years. So we are starting to see that impact profit and a lag employment. I anticipate the trend will continue. I dont know that well see numbers like we you a today. But well see satined deceleration in employment and wage growth or the course of the year. Maria you think things are slowing. The news was weaker than