Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Spring swoon 4.0?
Private sector +94,000. Government sector -6,000. Big drop in retail as those Christmas jobs go away.
January and February were revised up decently, +62K together.
Labor force participation rate lowest since 1979 down 0.2% month over month – amazing.
Average hourly wages edged up 1 cent to $23.82.
Hours worked ticked up 0.1 which is the only real positive other than the Jan/Feb revisions.
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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog
