Friday, May 05, 2006

And The Unders Win

+138K new jobs, below the expected 200,000 that CNN told me would be "good news for the Bush administration.

...and 271K of those jobs are the phantom jobs from the birth/death model. The model may or may not be good, I really have no opinion, but it's a statistical fudging which doesn't count actual jobs but imagined ones.

...and the dollar falls a bit more.