This Wasn't A Monster Employment Number

featured-image

courtneyk This morning, the market was apparently surprised by a stronger-than-expected jobs number. Private payrolls rose by 223K in September, vs. an expected gain of 125K.

Some called it a "monster" number. From my perspective, however, nothing changed at all. Private sector jobs are growing by about 1.



3% to 1.4% per year, as they.