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.
The Washington Post has a few things to say about Joe Biden’s paradox:
“[Biden] is beloved by grass-roots Democrats, but mainly as the avuncular No. 2 to Barack Obama. […] Biden clearly has the experience and gravitas to ascend to the presidency, but many Democrats say he may have been in Washington too long (since 1973) to win an election. He is President Obama’s governing partner yet is rarely seen as Obama’s heir apparent. For that mantle, and for the nomination, he is likely to face stiff competition in the form of Hillary Rodham Clinton, the former secretary of state and, according to most everyone, the 2016 front-runner.”