Article

2017-03-10 Economy

Feb. jobs report adds 235,000 jobs, overshooting the 190K predicted

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Posted by DarthVader 2017-03-10 09:29|| || Front Page|| [3 views ] Top

#1 1. probably will be revised up

2. definitely exceeds the 150k needed to prevent the jobless rate from increasing

3. BLS also does productivity estimates (once each quarter) and 2016 was, per their calculation, a bad year for this metric (granted real productivity is difficult to estimate). In the mid to long term, if you can't increase productivity, the consequences are pretty bad.

Posted by lord garth 2017-03-10 13:12|| 2017-03-10 13:12|| Front Page Top

#2 There's this:

The U-3 unemployment rate of 4.7% has been lower, but U-3 is not the best measure for unemployment. The U-6 rate calculates marginalized workers and offers a better overall picture, and that dropped two-tenths of a point to 9.2%. That’s the best level since April 2007.

Then there's the historical dodgy-ness of the BLS report.

At best, the patient has stabilized. At worst...

Posted by Pappy 2017-03-10 15:51|| 2017-03-10 15:51|| Front Page Top

#3 Apparently the recent spell against Trump by a bunch of witches was too weak. Hard to find good "toe of frog" these days in urban sprawls for the witches brew.

Posted by Nero White 3083 2017-03-10 17:42|| 2017-03-10 17:42|| Front Page Top

#4 ...toe of frog, shipped in from the farms in Jiangsu province (like everything else).

Posted by Procopius2k 2017-03-10 17:56|| 2017-03-10 17:56|| Front Page Top

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