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Why the jobs report has become meaningless
Employers added 148,000 to their payrolls in September, about 20% less than economists expected and the third smallest monthly increase in the past year. But the unemployment rate dropped to 7.2%, which is the lowest level in nearly five years. And the number of people actively looking for work was up, meaning people are more optimistic about their prospects for finding work. What does that all add up to? You got me. Makings sense of the monthly jobs reports is never easy. It's generally a noisy mess of numbers cobbled together from two reports. People like it because it is quick (except for this time around, thanks ... (full story)
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- Oct 22, 2013 12:44pm Oct 22, 2013 12:44pm
- Sandy29
- | Joined Jul 2013 | Status: Member | 51 Comments
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- Oct 22, 2013 4:05pm Oct 22, 2013 4:05pm
- piptastic
- | Joined Jun 2010 | Status: FXTRDR | 305 Comments
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