Friday, April 07, 2017

Jobless rate falls to 4.5 percent

The March jobs numbers were just released. The unemployment rate fell to 4.5 percent, which is the lowest number in ten years. However, only 98,000 positions were added, about of what was expected. The labor participation rate remains at 63 percent.

2 comments:

Anonymous said...

The ADP report for March was vastly different:

https://www.adpemploymentreport.com/2017/March/NER/NER-March-2017.aspx

Up over 230K.

So, something is fishy here. Personally, I trust the ADP report more.

John Ruberry said...

I wondered about that too. Deep State? Perhaps those "ADP jobs" will end up counted on the April report. Yeah, I trust ADP more too.