The Lehmann Letter (SM)
This morning the Bureau of Labor Statistics reported the creation of 242,000 jobs and a 4.9% unemployment rate in February:
The economy must create 250,000 jobs per month for the unemployment rate to continue falling, to remain below 5% and for the employment of those who have left the labor force and wish to return.
Today’s report was good.
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© 2016 Michael B. Lehmann