That Could Have Been More Exciting … April 2017 Jobs Report

That Could Have Been More Exciting … April 2017 Jobs Report

With headline numbers of 98,000 additional nonfarm employees following last month’s figure of 225,000 (initially, revised to 219,000 in this report) the April jobs report was underwhelming at best, disappointing at worst, Figure 1. The employment survey is a ‘noisy’ data series. And it is not at all unusual for revisions to substantially alter the numbers through time.