The Market Ticker
Commentary on The Capital Markets- Category [Employment]

The Bureau of Lies and Scams intoned...

Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in retail trade, construction, and health care. Job losses occurred in manufacturing and mining.

Hmmmm...

Ok, that doesn't look bad.  Nor does this:

And finally, participation ticked up a bit too.

The tick-up in unemployment rate was mostly from people coming back into the labor force but failing to find work.  So on-balance what this leaves you with is that exuberance is exceeding expectations, but realizations are falling somewhat short.

We'll see what next month brings.

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