Friday Open Thread [5.3.13]
The U.S. economy added 165,000 jobs in April, which is a good not great number, but the better news is the revisions for February (a great month that is now Clintonian Great) and March (a Bushian bad month of low job growth that has now become Obamian Good).
The change in total nonfarm payroll employment for February was revised from +268,000 to +332,000, and the change for March was revised from +88,000 to +138,000. With these revisions, employment gains in February and March combined were 114,000 higher than previously reported.