Deciphering the Confusing U.S. Jobs Report
TL;DR
The US added 339,000 jobs in the latest jobs report, exceeding expectations, but the unemployment rate also rose to 3.7%. This can be attributed to the use of two different surveys to measure the strength of the labor force: the household survey for the unemployment rate and the establishment survey for nonfarm payroll data.
Topics:business#business#household-survey#jobs-report#labor-force#nonfarm-payroll-data#unemployment-rate
- The Jobs Report Killed It. Why Did the Unemployment Rate Rise? The Wall Street Journal
- Huge Jobs Divergence Returns, Jobs +339,000 but Employment -310,000 Mish Talk
- Mixed Signals in U.S. Jobs Report - WSJ The Wall Street Journal
- View Full Coverage on Google News
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