And yet, because it is is being screamed as less than predicted, the stock market is falling like a rock! 4.7 unemployment and the media screams we have a bad economy. And the spineless on wall street cave and fold.
That's not why the stock market is dropping.
Investors are scared of inflation and more rate hikes.
If it had been the higher number that the street was predicting, the market would be down even more.