The headline unemployment rate ticked lower to 7.5% from 7.6%, the lowest in four years. Economists had predicted an increase of 145,000 jobs and that the unemployment rate would remain unchanged.
Perhaps the best news out of the jobs report was that highly disappointing March numbers were revised upward to 138,000 non-farm jobs created, up from the 88,000 originally reported. In total, revisions added 114,000 jobs to the workforce in February and March.
Get ready for the new spin which will shift from "Obama is ruining the economy" to "it should have happened sooner and would have if a conservative was in charge!"
Meanwhile, check out the revised February numbers...wow!
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