Worse. nate: nate foy live in texas, thank you so much. outpacing wage growth despite the increased jobs across the country we are joined by macro trends adviser llc founder partner and university san diego school of visiting visiting research fellow, mitch roschelle. mitch, thank you very much for joining us this afternoon. i want to look at some of the job s numbers that we got on friday. looks pretty good 428,000 added, 3.6 unemployment. we are still seeing robust job growth. do you believe that the underlying economy is strong? mitch: i think we are on shaky footing because what happens you look at headline numbers, we created 400,000 jobs and one reason the unemployment rate is falling because we have our labor participation rate falling. it fell for the first time in 3 months which means less people are entering the workforce and