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Subject BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%!!! HALF A MILLION PEOPLE DROPPED OUT OF THE LABOR FORCE!!!

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Original Message BAD: JOBS REPORT MISSES BADLY AT 115K, UNEMPLOYMENT DROPS TO 8.1%! UPDATE:

It's a miss!

Just 115K new jobs.

That's well below the 160K that was expected.

But unemployment rate fell from 8.2% to 8.1% and last month was revised from a gain of 121K to 166K.

Other key numbers:
The underemployment rate has stayed flat at 14.5%
No improvement in weekly hours.
Average hourly earnings grew 0.2% month over month.

Markets have ticked lower on the news...

Read more: [link to www.businessinsider.com]

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