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alt take from Bill McBride of CalculatedRISK: https://www.calculatedriskblog.com/2019/04/comments-on-march-employment-report.html https://www.calculatedriskblo
by hackerz2 8y ago
alt take from Bill McBride of CalculatedRISK:
https://www.calculatedriskblog.com/2019/04/comments-on-march-employment-report.html https://www.calculatedriskblog.com/2019/04/comments-on-march...
Summary:
The headline jobs number was above expectations, and the previous two months were revised up slightly. The headline unemployment rate was unchanged at 3.8%.
This was a solid jobs report, and was probably boosted by some bounce back from the poor weather in February.
What's with the HN editor's obsession with posting "bad economy" reports lately? It certainly conflicts with their boosting SV unicorn IPOs.
- ryansmccoy 8y agoIMO, politics seems like possible reason.