BLS Reports 35
You may have noticed temperatures starting to dip slightly as we head into the last few weeks of summer — and, as evidenced by the July jobs report released this morning, the U.S. economy appears to have cooled off a bit too. As you may know, following each month’s jobs report, we read dozens of news reports, scour the Web, and break what we find down to three key talking points you can use.
Maybe the U.S. economy sensed the jobs report would be released around the Fourth of July and wanted to steal its thunder because this was one (surprisingly) healthy jobs report released this morning. And before you check your calendar to make sure you’re not losing your mind, yes, the U.S. Bureau of Labor Statistics did release the June 2014 report a day earlier because of the holiday weekend.
At first glance, the numbers coming out of the May jobs report released this morning look as good as National Donut Day feels — job gains lived up to economists’ expectations; the unemployment rate remained unchanged; we finally recouped the jobs lost during the recession; and this was the first four-month stretch with 200,000-plus job gains since the 1990s.
Much like the twists and turns on popular TV shows today like “Game of Thrones” or “Scandal,” the BLS monthly jobs reports tend to evoke a roller coaster of emotions ranging from happiness, to disbelief, to disappointment, to gratitude, to anger, to confusion. And the April jobs report released this morning was no different. As you may know, following each month’s jobs report, we read dozens of news reports, scour the Web, and break what we find down to three key talking points you can use.
If you live in a city like Chicago where the weather is constantly
freezing and dreary in flux, your reaction to a sunny 40-degree day is, “Eh…it’s not ideal, but we’ll take it.” That’s the type of reaction economic experts had to the March jobs report released this morning by the U.S. Bureau of Labor Statistics, following the past few winter months that consistently fell short of expectations.
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