Despite Slowing Economy, Job Growth Speeds Up – Ep. 51

* Monthly non-farm employment number beat expectations

* Upward revisions to prior months

* Average hourly earnings number jumped by .5

* Immediate reaction in the market was swift

* Dollar up; gold down

* Unemployment up

* Labor force participation down among younger workers

* Jobs number inconsistent with other weak economic data

* Layoffs are up

* Government is way off on "jobs lost" data

* Yesterday's trade deficit was the largest increase recorded

* If our economy were strong, our workers would be producing and we would not rely on imports

* Trade deficit is subtracted from the GDP

* Productivity numbers weaker than expected

* How many times can the dollar rally on the same news?


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