Obama's Economy FAIL- Jobs report Lays an Egg

[Geaux4it]

Where's Lady Nuttie. She wanted to see the jobs report.

Hope she doesn't miss it

-Geaux
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NEW YORK (MarketWatch)—U.S. stock-index futures declined sharply Friday after the March jobs report—released during a holiday-shortened trading session—came in much weaker than expected.

The data showed nonfarm payrolls rose by just 126,000 in March, far below the consensus estimate of 243,000 produced by a MarketWatch survey of economists. In addition, payroll gains for February and January were revised lower by 69,000 jobs.The unemployment rate, meanwhile, was unchanged at 5.5%.

After weak jobs report, a June Fed hike seems remote

U.S. stock futures fall after jobs report lays an egg - MarketWatch

 

[HenryBHough]

When the figures were first released anyone with a fragment of a brain knew they were lies. Only the extent of the lies was unknown.

Now there's only the eternal Demmunist question: "What difference odes it make?".

 

[Roadrunner]

Where's Lady Nuttie. She wanted to see the jobs report.

Hope she doesn't miss it

-Geaux
------------------------------------

NEW YORK (MarketWatch)—U.S. stock-index futures declined sharply Friday after the March jobs report—released during a holiday-shortened trading session—came in much weaker than expected.

The data showed nonfarm payrolls rose by just 126,000 in March, far below the consensus estimate of 243,000 produced by a MarketWatch survey of economists. In addition, payroll gains for February and January were revised lower by 69,000 jobs.The unemployment rate, meanwhile, was unchanged at 5.5%.

After weak jobs report, a June Fed hike seems remote

U.S. stock futures fall after jobs report lays an egg - MarketWatch

DJIA lower today than last business day of 2014.

"Hope that changes".

 

[Mr. H.]

So much shit is being hidden by this Administration with smoke/mirrors/data manipulation that's it's pathetic.

 

[Geaux4it]

From Rueters


(Reuters) - U.S. employers added the fewest number of jobs in more than a year in March, the latest sign of weakness in the economy and one likely to further delay an anticipated interest rate increase by the Federal Reserve.

Nonfarm payrolls rose 126,000 last month, less than half February's pace and the smallest gain since December 2013, the Labor Department said on Friday.

The weakness was concentrated in the goods-producing sector, which has been hurt by a strong dollar and lower crude oil prices. Leisure and hospitality also saw a sharp slowdown in jobs growth, suggesting harsh winter weather could have dragged on hiring.

While the jobless rate held at a more than 6-1/2-year low of 5.5 percent, the workforce shrank. The labor force participation rate returned to a more than 36-year low reached late last year.

U.S. job growth brakes sharply clouds Fed rate hike timing Reuters