Friday, June 03, 2016

The US Economy Only Created 38,000 Jobs Last Month

Missing targeted projections by 160,000 or so jobs and still the unemployment rate FELL to 4.7%....a number that iself any member of The Bush Family would regard as Grounds for a Roman Triumph down the streets of DC.
Donald Trump regards it as "Terrible News" among many other ugly superlatives...but the projection is soooo off I honestly wonder if someone at the Labor Department pulled the wrong spreadsheet or something. How can the job's report be so bad and yet still the unemployment rate still registered a 3/10's of one percent drop?
Considering it was all in double digits a mere six years ago, we should all stop and take a deep breath methinks.

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