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Originally posted by sgtclub
Let's step back a moment. Anytime you add jobs, it is good for working people.
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But that's not the question. The question is whether you are adding enough jobs to keep up with new entrants to the work force.
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So the fact that it was not as many jobs as expected does not really alter that.
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Yes. Which is why the market reaction does not really matter.
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So, what's good for EMPLOYMENT PROVIDERS is good for the EMPLOYMENT SEEKERS.
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Whether the stock market goes up or down on a given day is, in the end, not really all the important, and doesn't have much to do with a company's valuation and ability to raise money.
