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[nimblebear]

or liars figure, and figurers lie.

"Booming or treading water?

The funny thing about economists is that they can look at the same set of data and draw completely different conclusions. This is partly because of different models and assumptions but also because of the wide range of data to analyze. Nowhere is this more true than in the labor market. There are a number of different indicators, including the unemployment rate, non-farm payrolls, initial jobless claims, the employment-to-population ratio, the diffusion index, and the list goes on.

In this piece, we examine the most popular indicators and summarize their message about the labor market and the overall economy. We focus on the February employment report, which showed a solid gain of 227,000 payrolls but an unchanged unemployment rate of 8.3%. Looking across the range of recent data, we argue that there are signs of true healing in the labor market. However, challenges persist which will make a more robust recovery difficult."

http://www.zerohedge...ays-jobs-number