Todays employment report from the Department of Labor has the following interesting statistics for February:
Non-Farm payroll employment increased by 262,000
Total workforce is: 148.1 million (includes unemployed actively looking for jobs)
Unemployment rate is: 5.4% (up 0.2% from January)
It appears, at least on first glance, that the US economy is easily outperforming the German economy. This hasn’t had much effect on the German stock market as it has performed fairly well since August of last year. See here.
Note the unemployment rate is up due to people re-entering the workforce actively looking for jobs.
