Article Title: Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)
Snippet of Article: "unlike the last two months when both the January and February jobs prints were beyond ridiculously manipulated and goalseeked to pass a terrible number as a strong one...superficially the March report was another artificially goalseeked blowout that guaranteed it would have zero credibility: with 303K payrolls added...when it comes to the qualitative aspect, it was another disaster for one simple reason: all the job gains were part time jobs!
Here is exhibit A: in March, the number of part-time jobs soared by 691K to 28.632 million, up from 27.941 million while full-time jobs dropped by 6,000, to 132.940 million from 132.946 million. ... last month's record increase in foreign-born workers, in March illegal immigrants added another 112K jobs, pushing the total number of foreign-born workers to a new record high of 31.114 million. "
Source: www.zerohedge.com
