April 2017 Employment and Unemployment, Money Supply M3

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Headline Employment/Unemployment Numbers Were Too Good

Jobs Gain Boosted by Heavily-Distorted Seasonals and Unusually-Large Upside Biases

Unadjusted Year-to-Year Payroll Growth Dropped to a 68-Month Low

Last Time Annual Payroll Growth Declined to that Level, the
Economy Had Started Its Collapse into the 2007 Recession

Household Survey Showed Shift from Part-Time to Full-Time Employment

April Unemployment of 4.40% Was a 1-in-1,000 Shot; Could It Have Been Targeted?

That Said, April Unemployment: U.3 Declined to 4.4% from 4.5%,
U.6 Fell to 8.6% from 8.9% and the ShadowStats-Alternate Fell to 22.1% from 22.5%

Those Were the Lowest, Headline Unemployment Rates for U.3 since May 2007, for
U.6 since November 2007 and for ShadowStats since October 2010

Nominal Money Supply M3 Annual Growth Rebounded to 3.3% in April,
Versus 3.1% February and March, Otherwise at a 39-Month Low