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4 Responses to “NFP +151,000”
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good number..very much needed ..still not enough i think
I must disagree and say very bad number…here is why:
Size of civilian labor force decreased by 250,000.
Not in Labor Force increased by 462,000.
Participation rate at 25 yr low….
More people are leaving the labor force far faster than jobs can be created.
42.3 Million on SNAP..aka food stamps (another new record)
Market took it as a bad number as well… again….
All depends on where you’re standing. I would estimate Obama needs another 5 million jobs in the next 2 years to run for a second term… which means NFP will need to average over +200k/month. Tax cuts can cut gridlock.