Payroll Report: 98k (ROFL!)

Oh this is amusing…
The unemployment rate declined to 4.5 percent in March, and total nonfarm payroll employment edged up by 98,000, the U. S. Bureau of Labor Statistics reported today. Employment increased in professional and business services and in mining, while retail trade lost jobs.

The household survey says something different entirely; it was 1,034 (1.034 million), statistically identical to last month’s 1.067.
262,000 people came back into the workforce and the employment:population ratio ticked up 4 ticks.

This post was published at Market-Ticker on 2017-04-07.