[ClearCase_guy]

UE rate probably went down because the labor market got smaller. If we were adding 200,000+ jobs, the UE rate might gone fractionally up, and that would be a good thing.

So, we add 32,000 jobs and UE goes down. But (you say) if we were adding 200,000 jobs, UE might have gone up.

Paul Krugman? Is that you?

[RWR8189]

Yes, don't belittle me unless you know what you're talking about.

I haven't read the report yet, but its likely there were more "discouraged" workers and this made the labor pool smaller, making the unemployment rate move fractionally down.

When you're adding jobs like gangbusters, it would entice workers who stopped looking for work to get back in the labor market, and since the labor market would be larger, the UE rate could edge higher when we have higher rates of job creation. This happened in April IIRC.