us labor department

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How Political Spin Skewed the U.S. Jobs Report


The stock market – closed Friday for a holiday – had a chance today (Monday) to react to the March employment report – and fell in morning trading.

Although job gains continued in March, they were about 90,000 short of what was expected. Money Morning Chief Investment Strategist Keith Fitz-Gerald joined Fox Business’ “Varney & Co.” program Monday morning to take a closer look at the U.S. jobs report.

Fitz-Gerald detailed why investors need to look beyond the unemployment rate drop at more telling numbers – data the White House would like you to ignore.

Watch this video of Fitz-Gerald with “Varney & Co.” host Stuart Varney to find out what you need to know about the U.S. jobs report, and how it could affect the markets and economic recovery.

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The Truth Behind the U.S. Labor Department Employment Report

The U.S. Labor Department employment report released today (Friday) showed a better-than-expected payroll jump to 200,000, and the unemployment rate dropped to 8.5%. However, the numbers aren't nearly as promising as they seem. The payroll increase was double the revised 100,000 rise in November, and about 30% higher than the projected 155,000 increase. Private companies […]

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