BLOOMBERG Bloomberg January 11, 2014
Not born on the football field. An important day for jobs, economists and investors at the edge of their seats. 197,000 jobs. Then the clock strikes 8 30. 74,000 jobs added, but the Unemployment Rate dropped 6. 7 . 74,000 new jobs in december. Economists were expecting 200,000. It is very surprising. Somewhere between puzzling and worrisome. I am intrigued, mr. Elerian. Puzzling because it is such a strange number. 74,000 jobs that were created. Even if you add in revisions from last month, you are at half of what consensus was, it is inconsistent with other data. It is worrisome, remember tha...