The three things you need to know about today’s unemployment report

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The newest U.S. jobs numbers are out and there are three main things you need to know: the unemployment rate for black men and women is down to the single digits for the first time since the 2008 financial crash; wages still aren’t growing; and we aren’t adding as many jobs as we need to

The Bureau of Labor Statistics puts out what is known as the non-farm payroll report each month. It is considered one of the best indicators of the strength of the economy and is closely watched by academics, investors and economists. The economy added 223,000 jobs

Let’s boil it down:

The good

Let’s start with the good news. The country is still adding jobs and unemployment is at its lowest level in seven years. Unemployment among black people in the U.S. fell below 10% for the first time in seven years Read more…

More about Business, Us, Jobs, and U.S. Economy

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The three things you need to know about today’s unemployment report

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