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I might be one of the few the recruiting industry who review the numbers released monthly by the Bureau of Labor with a raised eyebrow. Although the bureau is supposed to be agnostic politically, I can’t help but to remain a tad cynical when they release the monthly information. This week, the headlines read “US Job Market Powers Ahead”-but is it really?
First, let’s go through the numbers.
U.S. nonfarm payrolls increased 431,000 in March, according to the BLS, after the prior two months were revised upward by a net 95,000 total job gains. The unemployment rate declined