This is a preview. View original post on this site
The U.S. labor market continues to defy gravity: with 275,000 net new jobs in February (beating expectations once again) job growth doesn’t appear to be “landing” at all. In recent months, trends have re-accelerated. However, the unemployment rate did increase to 3.9%, the highest level in two years. Yet that even masks strength, as the prime-age labor force is participating at the highest level in two decades. There is little need for worry: This resilient labor market remains strong.
Flying-high
Yet again, job growth blew past expectations. And yet again, there were downward revisions to job growth
