Jobs Report Is Incredibly Bullish

Nonfarm payroll employment was up just a fraction in June (+18,000), and the unemployment rate was little changed at 9.2 percent, the U.S. Bureau of Labor Statistics reported today.
Across the board commentators have been out proclaiming an end to the world because of this number. Here's a sample:

A retweet by Henry Blodget:

Today's jobs report was delivered to White House doorstep in a brown paper bag and on fire

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