Payrolls +196k, A Goldilocks Report

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  • Post category:Economy

The headline says it all (tap for the MarketWatch story)…

Full report here at BLS…

bls

And here is the graphical breakdown. The last few NFTRH reports have included the word “Goldilocks” a fair amount of times. The signaling in the March Payrolls data, with booming Education & Health services, Professional & Business services, Leisure & Hospitality services and negative Manufacturing is… obnoxiously enough, the Goldilocks variety.

This is not stuff for the Trumpian everyman. For that he needs the US dollar to take a nap.

employment

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Gary

NFTRH.com