Jobs report truly bad.

US adds 20,000 jobs in February vs 180k expected, jobless rate drops to 3.8%. I expected a good number.

— Daniel Lacalle (@dlacalle_IA) March 8, 2019

Here's the non-farm payroll number in context.
I've smoothed the monthly number with a three-month rolling average. Given the strong readings in December and January, it's still far above the 2017 lows. pic.twitter.com/6OlzxITlwV

— Ed van der Walt 🇿🇦🇬🇧 (@EdVanDerWalt) March 8, 2019

People not at work due to bad weather: 390K pic.twitter.com/IPr6jnwgPy

— zerohedge (@zerohedge) March 8, 2019

Nonfarm payrolls increased only 20,000 jobs in February, missing estimates by their widest margin since November 2008. https://t.co/mJa56qcjuq by @biancoresearch pic.twitter.com/b0yxHynA5m

— Jesse Felder (@jessefelder) March 8, 2019

US 🇺🇸 average earnings up 0.4% in February.

Annual wage growth +3.4% from 3.1%.

— Daniel Lacalle (@dlacalle_IA) March 8, 2019