Lower Unemployment Rate Is Misleading
17h
Hosted on MSNJobs Report: Lower Unemployment, Mixed Hiring Dim Fed Rate-Cut Odds; But S&P 500 Rises (Live Coverage)T he January jobs report showed that hiring remained cooled a bit last month, but the unemployment rate slipped to 4% for the first time since May. Average hourly earnings jumped.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...
US adds 256,000 jobs ... survey left the overall picture largely intact. The unemployment rate in July — which was initially reported as 4.3% — was revised lower. The 2.2 million increase ...
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