Posted on 11/08/2013 10:37:43 AM PST by SeekAndFind
To say the October jobs report was a surprise doesn't begin to scratch the surface. Not only did the headline reading on this most-important economic barometer come in twice as strong as analysts were expecting, but the monthly snapshot of American labor has once again found a way to simultaneously encourage, confuse, anger and confound -- depending on where you look.
On the surface, the addition of 204,000 new jobs looks pretty good, in fact, it's statistically above the 190,000 average of the last twelve months. The fact that it came at a time when the government was shut down and its elected caretakers were within inches of defaulting on our debt makes it all the more, well, unbelievable.
(Excerpt) Read more at finance.yahoo.com ...
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