When the economy recovers, the last place you are going to see it is in the job numbers.
This is a view of the economy as we knew it; the world has changed a bit (since then). It's highly likely the Fed will pause for a while.
The report is moderate -- it is not terrible. There is nothing wrong with the economy. What it confirms is that the economy is not out of control.
I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.