The Department of Labor announced this morning that the economy added 165,000 new jobs last month. Just as important, the DOL revised the figures for February and March upward. You will recall that last month, the number of new jobs added was shockingly low, at 88,000 new jobs. The DOL now estimates that 138,000 jobs were added in March. They also revised the number for February upward to 332,000 jobs. This is all very good news.