U.S. Economy Not Nearly as Strong as Payrolls Suggest Ep. 59

Published: March 7, 2015, 4:09 a.m.

b"
\\n\\t* February Non-Farm Payrolls Number - 295,000 jobs
\\n\\t* Unemployment down 5.5%
\\n\\t* Analysts were expecting a miss
\\n\\t* Dollar at a new high
\\n\\t* Productivity dropped 2.2%
\\n\\t* Factory orders fell for the 6th consecutive month
\\n\\t* Economic data points only seen during recessions
\\n\\t* The Dow closed down - NASDAQ down more
\\n\\t* Labor force participation rate is down
\\n\\t* Average hourly earnings flat
\\n\\t* Number of people not in the labor force at an all-time high
\\n\\t* Increase in jobs represents people working more than one jobs
\\n\\t* 45% of the 295,000 jobs are assumed to have been created by optimistic government statisticians
\\n\\t* Disconnect between the weak GDP and the jobs numbers
\\n\\t* Consumer credit declined, indicating the consumer is struggling
\\n\\t* It's a good time to take advantage of the strong dollar and invest abroad
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