The U.S. Employment Outlook: Bad For Paychecks, Good For U.S. Stocks

You undoubtedly know by now that the U.S. economy added 164,000 jobs in March. While that was the best number in ages, anyone who looked closely at the payrolls report issued by the U.S. Labor Department would discover that it was actually riddled with problems. Indeed, the report sends a very clear message: While the March report is consistent with a gradually improving labor market, the numbers hardly convey a sense of an economy that's zooming its way back to health. Still, as we'll see, this employment scenario could be a good one for U.S. stocks .