Here’s Why “Boffo” Jobs Numbers Should Worry You

The monthly change of -2.98 million wasn’t materially different than the January 10-year average of -2.95 billion. It certainly was not a “boffo” number. It was better than January 2018, when 3.1 billion jobs were lost in January. It was worse than the loss of 2.88 million jobs in January 2017.