US jobs data good enough for a taper? NFP weaker than expected on headline, printing 194k vs 500k ex

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US jobs data good enough for a taper? NFP weaker than expected on headline, printing 194k vs 500k exp. BUT umerous silver linings: upward revisions of 169k over past 2mths. Unemployment rate dipped to 4.8% vs 5.1% partly a function of participation falling unexpected to 61.6%. h/t Holger Zschaepitz

US jobs data good enough for a taper? NFP weaker than expected on headline, printing 194k vs 500k ex

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