NFP Big Miss: 120K, Expectations 205K, Unemployment 8.2%, "Not In Labor Force" At New All Time High:
March NFP big miss at just 120K. Unemployment rate declines from 8.3% to 8.2%. [...]
The unemployment rate drops to 8.2% for one simple reason: the number of people not in the labor force is back to all time highs: 87,897,000.
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