Some thoughts on the February jobs data

The US employment situation summary for February showed an improving labor market with 236,000 jobs created and unemployment down to 7.7%. These numbers are indicative of an improving labor market and reflect the likelihood that the US will continue its economic expansion.
A lot of ink has been spilled on these numbers, so I don't want to repeat what has already been said. Expect me to put a number of posts into the links on the numbers. Last month I showed you a chart which indicated that empl...

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