FAKE NUMBERS. As a consultant, I’m in the job market and over the past year with several 3-month engagements, seems like I am in it constantly. Jobs dried up 2-3 months ago, nowadays the same previously posted jobs just get re-posted. a recruiter at one national company even confided to me that 4 of 5 jobs listed at her company were fake, just to collect resumes.
But the markets would have been happy with 150-175k new jobs. To what end is overshooting that range politically expedient? Rates just popped today.