Nuance Missing in Jobs Report

Washington — When the U.S. jobs report is released each month, there’s typically enough nuance to offer something for everyone — the good and the bad. Friday proved to be a feast for the bears. “When you look through all the details of the data, there just isn’t anything good to hang your hat on,” said Thomas Simons, a money-market economist at Jefferies in New York. “It’s been years since we’ve seen such an unambiguously bad report.”...

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