US Employment Surprise, but is it Good Enough?

The US jobs report offered a pleasant surprise after the string of mostly disappointing data. Private sector employment rose 165k and the Feb and March series were revised up by 114k jobs. The 3-and 6-month averages now stand at 215/216k. The unemployment rate fell to 7.5%, the lowest since December…

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US Employment Surprise, but is it Good Enough?

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