Payrolls Plunge To 88K, Biggest Miss Since December 2009, Participation Rate At New 30 Year Low

So much for “open-ended QE driven recovery”. Moments ago the March Non-farm payroll hit and it was a doozy, printing at 88K, below the lowest forecast of 100K, well below the expected number of 190K, and a tragedy compared to the February revised print of 268K (was 236K). This was the biggest miss…

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Payrolls Plunge To 88K, Biggest Miss Since December 2009, Participation Rate At New 30 Year Low

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