****Employers added a lackluster 32,000 workers to payrolls last month,
but Wall Street economists had looked for a payroll gain of 228,000.

These numbers spin like a top.

The US economy needs about 150,000 net new jobs per month simply to absorb the
increase in the workforce.

228,000 new jobs could be said to *reduce* unemployment by about 78,000 jobs.
That would be the net effect of 228,000- and it would be very good news.

Unfortunately, 32,000 new jobs is 118,000
short of the increased demand in a month,
so that means 118,000 more people who would lke to work cannot find an
opportunity to do so.....

Not very good news at all.

These news organizations, left, right, or unbiased, should express these job
totals
in a supply/demand format. 150,000 would mean that from an employment
perspective, at least, the economy was stagnant. Plus 150,000, employment is
picking up. Short of 150,000, employment is in decline.

It's a lot more complex than who's in the WH, but the sitting Prez never fails
to take credit when the news is good and his detractors never fail to tarnish
him when the news is not.