Less Than...Unemployment

Bloomberg Reports:

The 88,000 increase in employment followed a 177,000 gain in March that was smaller than expected, the labor department reported today in Washington.

The estimated increase was supposed to be 100,000. The unemployment level increased to 4.5%, that's if you take those numbers at face value. Recall my previous post on unemployment for a more detailed explanation of the manipulation of this statistic. Anyways, the reasonable amount of unemployment is been the item that has kept this economy from busting. Although I don't think that we have 4.5% unemployment, we still have a reasonable unemployment level. I guess it is what it is, but this is just another forward looking indicator for the economy.