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Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid 559,000 but still short of lofty expectations, the Labor Department reported Friday. David Kelly, chief global strategist at J.P. Morgan Asset Management, and Michael Yoshikami, founder and CEO of Destination Wealth Management, joined “Squawk on the Street” to discuss what May’s disappointing jobs numbers means for markets and the ongoing policy negotiations in Washington.

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