Since a picture is worth a thousand words, here a few million "words" on the job report released today. Pick your source. Why should I write more criticisms of the unemployment numbers released today when thousands of other writers and commentators have already done so for me?
Until there is a gain in unemployment, a REAL gain, there will be no bottom to the U.S. residential real estate market. Realize the gain in employment is a sign of the bottom, not a catalyst for a new bull market.