+ 266,000 new jobs vs. estimates of 187,000
Unemployment rate falls to 3.5%
Previous month revised upward
SM loves it, USD loves it rates rising – 10 yr. up to 1.86% from 1.8%
Probably gonna be ugly for the next week or so with the Fed meeting coming up.
edit: Just goes to show the ADP is meaningless at predicting the jobs number