US unemployment rate falls to new two-year low of 8.8%

[AVGWarhawk]

Originally Posted by mookiemookie

Again, that's what you do before hiring more workers, hence the value of looking at the hours worked component of the nonfarm payrolls report.

Exactly why I said you need to look at the numbers in the context of a longer series. A one month dip can be an aberration if the past 4 months have seen increases. There's a lot of "noise" in the data.

Agreed! I suspect and often have that these 'reports' are only thrown out there for the markets to see and producing a possible spike in trading etc.