Sunday, July 8, 2012

More Weak Job Data: Have we Reached the Natural Rate? Is this as Good as it Gets?

The June report from the Bureau of Labor Statistics shows continued weak growth of payroll jobs. Just 80,000 new jobs were reported for the month, while an upward revision to the May data was cancelled by a downward revision for April. The unemployment rate remains stuck at 8.2 percent. What is more, the broad measure of unemployment, U-6, is actually climbing again, after three years of decline. The broad measure includes discouraged workers and those involuntarily working part time. Is this as good as it is going to get? >>>Read more

Follow this link to view or download a classroom-ready slideshow with charts of the latest U.S. employment data

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