US Unemployment Numbers Mislead and Distort. Rate fell from 9.9 to 8.1. Good News

A Commentary from a Major Brokerage Firm On May 5, the following report was issued. One should never put too much weight on any one month of employment data. These figures are subject to revision, and further revision. However, the recent employment reports have painted a consistent story. This was an unusually mild winter. As…