192K jobs gain in March about inline

March Nonfarm Payrolls: +192K vs. consensus +200K, +197K previous (revised from 175K).

Unemployment rate: 6.7% vs. 6.6% consensus, 6.7% previous.

Comments (14)
  • AZ Desert Trader
    , contributor
    Comments (339) | Send Message
    The pattern here seems to be that the revisions of previous months are more interesting than the current month.
    4 Apr 2014, 08:34 AM Reply Like
  • Petrarch
    , contributor
    Comments (1172) | Send Message
    always the case.
    current month is a guess
    the prior month revisions are where the real data is
    4 Apr 2014, 02:15 PM Reply Like
  • bbro
    , contributor
    Comments (11238) | Send Message
    Good numbers
    4 Apr 2014, 08:35 AM Reply Like
  • Grant Dossetto
    , contributor
    Comments (200) | Send Message
    Good enough to continue the taper. The momo stocks should continue to get smashed. The question now is whether that will bleed over to the large cap names or not.
    4 Apr 2014, 08:39 AM Reply Like
  • Big Bad Bulls
    , contributor
    Comments (332) | Send Message
    Average hourly wage fell, average hours worked went up. Nothing too good about this report, nothing too bad...continue to muddle on, status quo.
    4 Apr 2014, 08:57 AM Reply Like
  • june1234
    , contributor
    Comments (4484) | Send Message
    same ol sam ol For a country of 320million people 192K jobs in a month is nothing to get excited about. I can tell by the record 815,000 cars sitting on GM dealer lots end of March, 72 days worth on Ford lots and booming subprime auto loan biz what kind of jobs they are filling
    4 Apr 2014, 09:00 AM Reply Like
  • Tack
    , contributor
    Comments (16517) | Send Message
    Yeah, just today, Mercedes reported the best quarter in its entire history. And Ford recently reported record profits in North America and Asia.


    I mean, nobody has any jobs or money or anything. It's just hopeless.
    4 Apr 2014, 09:22 AM Reply Like
  • june1234
    , contributor
    Comments (4484) | Send Message


    I neither said nobody has jobs or money, you did. I said 192K new jobs where 2 of the 3 top categories were restaurant jobs and bars in a country of 320 million people is nothing to get excited about. But you already know that. In 13 US corps outsourced 2.6M jobs overseas more than were created stateside. That was very good for profits in 13 as the S&P's 13 performance show.You know that too. Back to Mercedes
    4 Apr 2014, 09:41 AM Reply Like
  • Tack
    , contributor
    Comments (16517) | Send Message


    American corporations have been reporting both record profits and record revenues. Those who have been myopic and attached to pessimistic outlooks have attributed all this to "downsizing," outsourcing, QE, etc. and failed to recognize that consumers have been buying all those houses, cars, retail goods, etc. And, they've been doing it without a wild expansion of consumer debt. It wasn't a legion of government QE gnomes in the night that snuck out and did it; it was real people, spending real money.


    Along the way, the relentless media focus on whatever element of society that lost a house or a job or has encountered some other hardship has completely sabotaged a large array of would-be investors, who mistakenly bought into the pessimistic story line. There wasn't and continues to be no money in pessimism.
    4 Apr 2014, 10:10 AM Reply Like
  • june1234
    , contributor
    Comments (4484) | Send Message
    Either way 2.6 million outsourced jobs overseas in 13 is 2.6 M outsourced overeseas in 13 and more jobs than created stateside in 2013. Automation did the rest. Record debt makes up the difference( bout $5 trillion in muni debt alone and climbing). Thats a lot of revenue to consume for sure. Americans have always consumed don't care how broke they might/not be or where they might sit on the income scale, un-American not to consume.


    Don't know about houses , the MBA purchase app index is sitting at same level it was in year 1998, housing starts 1992 levels. Most consumers use mortgages to buy homes and there are 40 million more people in this country than back in 98.
    4 Apr 2014, 10:45 AM Reply Like
  • quabbin
    , contributor
    Comments (127) | Send Message
    192K "stupid" people found work?
    4 Apr 2014, 12:21 PM Reply Like
  • optionsexpert
    , contributor
    Comments (508) | Send Message
    US jobs and US markets do not have much correlation.
    4 Apr 2014, 12:34 PM Reply Like
  • Peter Cooper
    , contributor
    Comments (820) | Send Message
    Below expectations but not a disaster. Gold up, stocks down?
    4 Apr 2014, 09:05 AM Reply Like
  • june1234
    , contributor
    Comments (4484) | Send Message
    Gold, stocks and bonds all UP, today. Don't think bonds and gold are going to stay that way going forward
    4 Apr 2014, 10:57 AM Reply Like
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