[M Kehoe]

According to the same source, the unemployment rate stayed at 5.0% (a terrific rate in anyone's book). So if 207,000 jobs were added, a proportional amount of jobs were lost. A wash.

Not true (the "wash" part). Why? There are other metrics regarding "employment." I'll give you two: Farm payrolls and self employment. Those stats don't show in the 5.0%. And to top it off, many economists believe there is a "core" unemployment rate that is static. Estimates are between 2-4%. Those in this metric will never get a job, or will never be counted on a payroll.

5.56mm

[DeeOhGee]

Would farm payrolls and self-employment show in the 207,000 jobs created? I'm not being difficult, just trying to get a handle on the numbers.