Once again, the stats reveal much weakness.
Clearly, this is yet another bad report, with people dropping out of the labor force like mad.
Blaming the Weather
Amusingly, USA Today reports that "Paul Ashworth of Capital Economics says severe winter was the main culprit behind the disappointing job gains."
Did economists not know it was cold outside when they gave USA today their estimates? I guess not.
December BLS Jobs Statistics at a Glance
Additional Notes About the Unemployment Rate
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