The Homa Files

Here’s the headline: “Non-Farm Payrolls Rise More Than Expected, Up by 165,000 in April; Unemployment Rate Drops to 7.5%”.

I guess that the Sequester – rather than inhibiting job growth – actually spurred job growth.

Not really.

But, it means team Obama will have to re-write its press release for today.

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Reminder: April ADP’s number was  159k … 30k below the consensus forecast … and, ADP revised March down by about 20k jobs..

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This entry was posted on May 3, 2013 at 8:39 am and is filed under BLS, Employment - Jobs, Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.