Jobs Good News Shouldn’t be Bad News

"The secret of getting ahead is getting started." — Mark Twain

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Friday’s strong jobs report reaffirmed that a hiring rebound is underway, but in classic Wall Street fashion, good news is bad news again. That’s the wrong take. 

The U.S. economy in May added 172,000 jobs, coming in hotter than expectations of an 80,000 increase. In even better news, both April and March numbers were heavily revised up to 179,000 and 214,000. The unemploymen...

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