Friday, April 01, 2011

Jobs Report - Looks like a good headline number

Still sifting through the data, but 216k jobs is above expectations. Some things reported seem a little fishy (jobs are going up but people out of work are looking for new jobs?), and the avg. hourly wage and avg hours worked seems the same, but on balance it's better than a sharp stick in the eye.

Updates to follow.

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