3 April 2015
The Dollar's Kryptonite in the Form of a Jobs Report
The US March employment report makes for dismal reading. Job growth collapsed to 126k, the least monthly total since December 2013. Adding insult to injury, there was a 69k downward revision to this year's job growth. The average workweek slipped 0.1%, which may not sound like much suggests a significant drag on output.