[Pearls Before Swine]

Varney stated deep in the report 300,000 gave up looking for work thus the lower unemployment rate.

Yes, but if so, the U-6 number should go up... but it went down, also. So, I'm a bit confused on this. The economy clearly isn't great, but it's had a lot of stimulation.

[Clyde5445]

So, I'm a bit confused on this.

Check out this link. It will help explain the distortions in the numbers. http://www.zerohedge.com/article/nfp-36000-huge-miss-146000-expectations-9-unemployment

[TomGuy]

Yes, but if so, the U-6 number should go up... but it went down, also.

Actually, the U-6 did go up.

Not-seasonally adjusted U-6 surged from 16.6% to 17.3%!

Per this FR thread:

NFP +36,000, Huge Miss To +146,000 Expectations....