It would be hard to imagine a much better jobs report than what we got Friday. The economy generated 187,000 jobs for the month, somewhat fewer than the consensus. The jobs numbers for the prior two months were also revised down by 90,000. At the same time, the unemployment rate edged down to 3.5 percent, just 0.1 percentage point above the half-century low reached in April. We have now have had below 4.0 percent unemployment for the last 18 months. The last time we had a streak this long was in the sixties. Читать дальше...