JUburton wrote:Good job report today... +117k jobs, unemployment down a tenth to 9.1%
As Ezra Klein said today better than expected != good. The unemployment rate went down because of people dropping out of the labor force as much as jobs being added.
Also re: people dropping out of the labor force I read this morning if the labor force was as large still as it was in January 2009, unemployment would be 11.7%. We're at a three decade low of adult labor force participation.