NFP Prints At 227K On Expectations Of 210,000, Unemployment Rate At 8.3% Boosted By Temp Jobs

Tyler Durden's picture

NFP 227,000 on expectations of 210,000; Previous revised from 243K to 284K; Unemployment Rate (U-3%) at 8.3%, U-6 at 14.9%. While for the first time in a long time those not in the labor force declined (from 87,874 to 87,564) and the participation rate rose as a result from 63.7% to 63.9%, here is what the market is focusing on currently: "Professional and business services added 82,000 jobs in February. Just over half of the increase occurred in temporary help services (+45,000)." Also, that Birth Death added 91K is also taking away from the lustre of the headline which is diamtetrically opposite of what Gallup found yesterday. The market reaction is one indicative of the realization that QE3 may have been delayed once again, and this time substantially.

Average duration of unemployment steady at 40.0 weeks, via John Lohman:

But temporary workers rose the most in over 2 years and near the highest rise on record...

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GetZeeGold's picture




transaccountin's picture

Recovery! And to think we only needed to spend $5.5 trillion fiat to get to this point.

GetZeeGold's picture



Created or saved like a billion jobs.



MillionDollarBonus_'s picture

BOOM! Libertarians get PWNED yet again. Oh man, this must be so embarrassing for doomer goldbugs and off-the-gridders. The global recovery is accelerating at an incredible pace! This bodes very well indeed for the Obama 2012 campaign.

GetZeeGold's picture



I don't know why you would junk......clearly everything is fixed.


/sarc....for the know who you are. Then again maybe you don't know.


mrgneiss's picture

changed my mind.........

brewing's picture

i vote for obviously sarcastic...

Hard1's picture

Hey, I used to work at a global consulting firm as partner and now I flip burgers part time and I show as "neutral" on the employment numbers. 

Schmuck Raker's picture

"The global recovery is accelerating at an incredible pace!"


LongSoupLine's picture

lol MDB...not your best work, but pretty good.

brewing's picture

MDB needs to be resurected under a new name.  even the trolls know his schtick...

Dr. Engali's picture

Yeah but he still he still gets a lot of junks. And it's funny to watch when it's a live one.

i-dog's picture

I consider him an IQ test for some of our less cranially-endowed and more emotional denizens.

He still holds the record and the "Gold Zero" for sucking in the highest number of indignant responses to an obvious troll.

slewie the pi-rat's picture

hard to tell who the bigger cunt is sometimes, i-dog

him, the obvious troll or a gutless wonder like you you who hasn't been in a fight here since god was in diapers and who just "goes along with" the 100% string-jumping stat and what it does to the serious dialogue on the site

not that serious dialogue has ever been either a strong suit of yours,  or a concern...

Dr. Engali's picture


"hard to tell who the bigger cunt is sometimes, i-dog"

I can see how you add to the serious dialogue.

slewie the pi-rat's picture

he's a fuking troll, too you igno-rant shitheaded asswipe!

i-dog's picture

I'm happy to debate the issues with anyone, Rat. I just don't get involved in trading ad hominems like you gutter-crawling rodents are wont ... that's not fighting, that's just kindergarten name-calling.

FYI, I don't consider your typically incoherent ramblings worth a fight ... I'd rather go back to sleep.

slewie the pi-rat's picture

L0L night-night ol buddy...

Dr. Engali's picture

Yep you're right MBD. Yesterday we saw that people were taking on debt again so the debt markets are working again. Greece has been fixed so it's all good there. And now the job machine is back in gear. Obama's reelection is now in the bag. People can go back to work as debt serfs and pretend that life is good. Business as usual. Next up bombing some brown people for your television entertainment.

route40misery's picture

Who do you work for????  Out with it!

sablya's picture

American wealth rose 2.1%, roughly $1 trillion because of the stock market rise.  But how much did it cost future generations?  Where is the sense in spending $3 trillion to produce $1 trillion?  It is a most inefficient means of generating wealth.  When inflation starts to eat away at that gain, as it must, and interest rates rise, as they must, then that wealth will vanish but the debt will not go away.  

How is the global recovery accelerating?  China is slowing down.  Europe is slipping into recession.  How can the US avoid falling back into recession?  Then what will happen?

MillionDollarBonus_'s picture

 The NFP number speaks for itself. We are entering a new era of growth and prosperity specifically because of the actions of our Federal Reserve and congress. This has now been confirmed beyond any reasonable doubt. So my advice to you and other doomers is this:

Cheer up, sell the bunkers, the bullion and the canned hams, and be part of the solution not the problem.


slewie the pi-rat's picture

stop jumping the zH strings, you little green asswipe!

Dr. Engali's picture

Look at those futures rip on this good news MBD. If I didn't know any better I would say the policy I meant to say market.... Was calling bullshit. I'm feeling wealthier by the minute. Obama ....please spend another 5 trillion and let is trickle down on us pleebs like a golden shower.

slewie the pi-rat's picture

your elitist trollism is showing


you are fuking up the site


casey13's picture

I believe when you say Libertarians you actually mean Austrians. 

The Austrians have been saying for months that the current currency injections would make things look better for awhile. It is an election year.
Meanwhile Krugman the Keynsian has been calling for even more money injections because of the bad economy. 

Vince Clortho's picture


MDB is using the nomenclature of the Administration and the MSM who have expended considerable effort to convince the masses that "libertarian" is a slur.

azzhatter's picture

good let's normalize interest rates

slewie the pi-rat's picture

why would a "libertarian" be any more anything than a librarian, rotarian, or sumerian?  or a catholic?

what would a doomer or a person off the grid care about some data dipped in fudge?

you are just capable of reactive thought, and your reactions are severely atrophied, also

since you have never evinced any but a purely reactive and incomplete thought here, you obviously don't belong here

you're wasting your own time, which nobody could care less about, i'm pretty sure

but you're taking a toll on the site w/ your constant string-jumping

how about a nice deathMatchTM w/ slewie if you don't start using the comment box at the bottom of the page?

now, git, toy-boy!

fuu's picture

I wanna be a Sumerian Doomer. All hail Anunnaki!

Last Exit for the Lost

slewie the pi-rat's picture

hey, fuu!

that's odd!  i've always pictured you as a sumerian doomer...

El Oregonian's picture

You've slipped from just being a dumbass to now just being a plain ol' stupidass. My god MAN!

slewie the pi-rat's picture

he's screwing up a tremendous number of tyler's strings with this "innocent" string-jumping behavior

he has accomplices and people who value his humor

he can put his fuking 'humor' at the dammed box at the bottom of the page!




slewie the pi-rat's picture

i'm sure tyler is already deep into his weekend binge

at least i hope he is

he'll pay attention when he fuking feels like it, of course...

trust me

Carl Spackler's picture

"The global recovery is accelerating at an incredible pace" 

                               - Some bumbling idiot



ECB President Mario Draghi said on friday, March, 9 that Europe is trapped between accelerating inflation and slowing growth.

Barack Obama said on Friday, March 9, that he is more concerned about his NCAA brackets than the fact that the current labor participation rate is 63.9% and heading lower, while the average number of weeks for Americans on unemployment is 40 and trending higher.

Chinese Premier Wen said at the People's Conference during the week of March 5th in Beijing that China should expect lower future growth in its economy as it now moves away from a policy of global expansion.

i-dog's picture

Now, that's the way to deal with MDB (and government trolls) ... just flatten them with a well-aimed knockout punch. Thank's for giving the name-calling children in the basements (and sewers) a valuable lesson!

brewing's picture

watching the nfp on cnbs is more painful then the worst hangover...

HoofHearted's picture

"lies, damned lies, and the BLS"

brewing's picture

this kelly evans does make me want to go to redtube though...

Lore's picture

B.ureau of L.abor S.H.tatis.T.ics

Vince Clortho's picture

Why do people keep inserting L between the B and the S?

Village Smithy's picture

That is the most important point and not enough people even have a clue.

midtowng's picture

Well, $5.5 Trillion in THIS country. Let's not forget the trillions spent stimulating the economies in Europe, Japan, and China. That spills over the borders too.

We are actually seeing a recovery. No doubt about it. We just had to borrow from the next two generations to get it.

CrashisOptimistic's picture

"Also, that Birth Death added 91K is also taking away from the lustre of the headline which is diamtetrically opposite of what Gallup found yesterday."


Tiny heads up, Tyler.  The Gallup sampling for their report was not coincident with the sampling from BLS.  The unemployment report is sampled, as I recall, in just one particular week of a month, I think it's the third week.  Gallup's sample was not that same week?

asteroids's picture

A made up number with endless revisions. The market algos will ignore it. You should too.

GetZeeGold's picture



Revisions tsunami.........MF'ing imminent.



fonzannoon's picture

This is funny to watch. McDonald's must be hiring up tghe ying yang.