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Headline Jobs +163,000, But Household Survey Shows -195,000 Jobs; Unemployment +.1 to 8.3%

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.

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