re: It's that time of the month again - unemployment/jobs reports in the morning

quote:

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Economists polled by Reuters had forecast payrolls increasing 185,000 last month and the unemployment rate to hold steady at 6.7 percent.

But there was a silver lining in the report. The unemployment rate dropped a tenth of a percentage point to 6.6 percent last month, the lowest since October 2008.

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Makes no fricking sense... So the analyst predicted 75k more jobs than there actually were and for unemployment to hold steady, yet it actually goes down.