The U.S. Department of Labor announced a jobs report today that was viewed by investors as “just right”. Non-farm payrolls jumped 313,000 last month, the largest increase in 18 months. “This report was just about as good as it gets” said Dr. Lewis Spellman, Macro-economist for Beck Capital Management. “Analysts have been concerned that a tighter jobs market would produce significant upward pressure on wages, which can sometimes lead to inflation. We just haven’t seen that yet. Average hourly earnings increased, but not as fast as in January – investors will cheer this news.” said Spellman. To read the details of the report, click here.