Watch the March unemployment numbers

More bluntly, watch the spin. For the second time in two years the US economy will most likely have a net increase in employment. This will be spun as a turnaround of the economy. But there are two distorting one time factors. First, the snow storms of Feburary slowed things down and delayed some hiring, and second, the Census folks hired a whole bunch of people. The Census workers are not permanent employees. So before you spend the last of your savings to celebrate the great turnaround, be sure and check the details.

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