It's a very good report. That's good news post-hurricanes. It shows us the job market is alive and well.
An unemployment rate below 5 percent is a sign that the job market is getting tight. These kinds of job and wage numbers will keep consumers spending right into spring.
It's clear that job growth in the last three months has been as slow as it has been in quite a while. It is a picture of a somewhat slower or weaker job market.