JOBS REPORT IS OUT, DOWN 63,000 FOR FEBRUARY

Not the news I wanted to start the day with, but it is what is. The jobs report was released by the labor department and not only did we loose 63,000 jobs in February but there were downward revisions for the last couple of months. Losses in January were increased from 17,000 to 22,000 and December job gains were cut in half from 82,000 to 41,000. As you can see, the report is very inconsistent. However, this report states there are 109,000 less jobs than we thought were there yesterday.

One of the strengths to our economy is the low unemployment. We are still in a good position, the question is "where are we headed?"

The sinking dollar is also helping our economy. It is making our goods more competitive with the rest of the world. Not the way I prefer to increase our competitiveness, but it still helps the economy.

Read the full report: http://www.cnbc.com/id/23518353