NEW YORK, June 3 (Reuters) - Jeffrey Gundlach, chief executive of DoubleLine Capital, called the May employment report a "real body blow" and said it means an interest rate increase later this month is an "impossibility."
In a telephone interview, Gundlach also said the U.S. stock market is "incredibly resilient" after the "terrible" employment report.
(Reporting By Jennifer Ablan; Editing by Tom Brown)
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The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.
"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”
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