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.
Questions or comments? Contact Mike Lehmann at email@example.com.
(To be fully informed visit http://www.beyourowneconomist.com/)
© 2016 Michael B. Lehmann