by Mike Shedlock
MISH’S Global Economic Trend Analysis
ADP got the headline job number correct, I certainly didn’t. However, one look beneath the surface shows this was actually an anemic jobs report.
Unemployment was up, and the household survey shows a loss of 195,000 jobs. The household numbers are even worse because part-time employment went up.
Jobs Report at a Glance
Here is an overview of today’s release.