Friday's jobs report is better than it looks

No, Says Economist, March US Jobs Report 'Is Not Good'

As the business press and top newspapers called the March jobs report "strong," some economists stressed the importance of looking beyond the topline figure and one month of data.

Friday's jobs report is better than it looks

The United States does not need as much job creation as it has in years past, thanks in large part to the crackdown on illegal immigration, meaning that recent job growth is stronger than it might seem at first.  Employers don’t need to add payroll jobs to prevent unemployment from trending up. The economy may even be able to lose some jobs each month and still keep treading water. That means that the recent pace of job growth, 68,000 on average…