Ignore Today's -- and Most -- Jobs Reports

The employment situation report is the single most over-hyped, over-analyzed, over-emphasized, least-understood economic releases known to mankind.

Today, I want to discuss why the Employment Situation report is the single most over-hyped, over-analyzed, over-emphasized, least-understood economic releases known to mankind. It is also one of least useful economic data points where investors are concerned.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.