This is total BS spin reporting ! This was the biggest miss to expectations since December 2009 and the worst print since June 2012. The unemployment rate declined to 7.6%, but this was due entirely to the collapse in the labor force participation rate, which declined by 20 bps to 63.3%, a new 30 year low.
Totally agree. Unfortunately nothing in this country will ever change as long as people’s bellys are full. The day the hunger pang twitch will be the day anybody takes action.