US adds 126k jobs in March as Opposed to 245k Expected, Unemployment at 5.5%

[AggregateDemand]

Hahahahahhaaaaa. 5.5% unemployment and dropping, but suddenly it's only 126k jobs created and OH NOES! SPUTTERING ECONOMY! RECOVERY IS OVER! etc. etc.

Unemployment is a component of the labor force participation rate. Jobs created is a better metric for determining whether an economy is creating enough jobs to provide ample opportunity to the population.

We need at least 200,000 jobs per month, and we need closer to 250,000 if we're going to have enough workers to pay for SS/MED, which is something you should care about more than fluffing Obama.

[AggregateDemand]

But didn't President Romney say that unemployment would be at 6% at the end of his first term? Wasn't that good enough for you back in 08?

He wasn't talking about shrinking the labor force.

[AggregateDemand]

lol shifting goal posts.

The consensus back in 2008 onward was we needed ~125k/mo to keep up with economy growth. Guess where this report is at.

My post wasn't about economic growth. It was about covering our mandatory spending obligations, and creating enough jobs to keep up with population growth.

[AggregateDemand]

Population growth is what I meant. The far-reaching consensus is 125k jobs.

Assuming stagnant or declining labor force participation. We can't afford to pay our bills if the labor force continues to contract.