Comments: A Strong Employment Report

This was a strong employment report. The unemployment rate was unchanged at 4.9% even as the participation rate increased (another strong household survey).  Not only was the headline number above the consensus forecast, but revisions were up for the previous two months.  This was strong job growth. Earlier: February Employment Report: 242,000 Jobs, 4.9% Unemployment Rate A few more numbers:  Total employment is now 5.1 million above the previous peak.  Total employment is up 13.8 million from the employment recession low. Private payroll employment......(read more)

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