The BLS just put out their March employment report this morning. Unfortunately for America, the numbers aren't looking very good. Coupled with growing inflation, such as gasoline prices rising upwards of 25 to 30%, finding out that the labor market crew buy less than a sustainable level is quite problematic.
The #JobsReport is worse than it seems. 98K net jobs is paltry but even worse considering revisions. /1https://t.co/fUJRr6V4Ul— Daily Combover (@tgcCombover) April 7, 2017
Estimates for Jan+Feb were revised down 38K so employment only really gained 60K -- 1/3rd of growth numbers. /2— Daily Combover (@tgcCombover) April 7, 2017
Looking more closely at #JobsReport, Retail jobs dipped a seasonally adjusted 30K. The first net job losses under Trump. /3— Daily Combover (@tgcCombover) April 7, 2017
And wages grew by 4 cents on average. Compare that to last night's dinner at Mar-a-Lago for Xi which cost taxpayers around $50K. /4of4— Daily Combover (@tgcCombover) April 7, 2017
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