The U.S. Jobs Report Is Even Better Than It Looks

The U.S. Jobs Report Is Even Better Than It Looks

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The headline of Friday morning’s jobs report shows payrolls expanding by 214,000 jobs in October.

“But dig a little deeper and you find a much sunnier story. When read carefully, today’s report provides more evidence that the labor market is improving quite rapidly, and that the recovery has gained momentum over the past year,” explains Justin Wolfers a senior fellow at the Peterson Institute for International Economics and professor of economics and public policy at the University of Michigan.

(READ the article in the NY Times)

Image by FutUndBeidl via CC license

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