- Monthly non-farm employment number beat expectations
- Upward revisions to prior months
- Average hourly earnings number jumped by .5
- Immediate reaction in the market was swift
- Dollar up; gold down
- Unemployment up
- Labor force participation down among younger workers
- Jobs number inconsistent with other weak economic data
- Layoffs are up
- Government is way off on “jobs lost” data
- Yesterday’s trade deficit was the largest increase recorded
- If our economy were strong, our workers would be producing and we would not rely on imports
- Trade deficit is subtracted from the GDP
- Productivity numbers weaker than expected
- How many times can the dollar rally on the same news?
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