The Usual

The US economy added another 215,000 in the month of March, many of which were in the construction, retail and health care industries. This is a beat of 10k jobs versus the consensus estimate.

Unemployment rate ticks up slightly to 5%. Participation in the labor force just hit a two-year high. Most importantly, wages rise at a respectable 2.3% year-over-year pace.

The usual slow but steady improvement when you average the last three months’ worth of reports.

And the usual bulls*** from the perpetual doom crowd. With a severe case of mission creep, I might add. The argument against life as we know it continuing keeps changing. If you’re lost track, here’s a chronology:

2009: Unemployment still rising!
2010: It’s all census jobs!
2011: Job growth flattening, double dip recession!
2012: “These Chicago guys!” – it’s all fake numbers!
2013: It’s all part-time jobs and bartenders!
2014: Labor Force Participation Rate is too low!
2015: Not enough wage growth!
2016: There are no manufacturing and mining jobs!
2017: ???

Rest assured, it will always be something, until the next recession. Then the naysayers of 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016 will all, in unison, cry out “YOU SEE!”


What's been said:

Discussions found on the web
  1. how to use video star transitions commented on Sep 15

    … [Trackback]

    […] There you will find 32216 more Info on that Topic: […]

  2. Is Bitcoin Era safe to use? commented on Sep 23

    … [Trackback]

    […] Here you will find 75697 additional Information on that Topic: […]

  3. Facebook Marketing commented on Oct 10

    … [Trackback]

    […] Find More Info here to that Topic: […]

  4. descargar commented on Oct 15

    … [Trackback]

    […] There you will find 7268 additional Info on that Topic: […]

  5. 먹튀검증방법 commented on Nov 07

    … [Trackback]

    […] Read More Information here on that Topic: […]

  6. knockoff cartier dealers uk commented on Dec 08

    … [Trackback]

    […] Here you will find 66027 more Information to that Topic: […]

  7. td login commented on Dec 24

    … [Trackback]

    […] Here you will find 48844 more Information on that Topic: […]