Don’t Fall for the Government Fake-Out

Posted by Connecting the Dots - Mauldin Economics

Share on Facebook

Tweet on Twitter

Image 1 20160216 CTD

Washington, DC is pretty proud of the employment numbers it has been pumping out. Most recently, the Labor Department reported that the US unemployment rate dropped to 4.9% in January.

That’s an eight-year low going back to the 2008–2009 Financial Crisis.

The actual number of new jobs was a little on the light side, at 151,000 versus the expected 190,000, but most of the Wall Street crowd was impressed with the +0.4% monthly increase in wages.

Image 1 20160216 CTD

….read more HERE