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Sunday, June 08, 2014

Seth Analyzes The Jobs Report

When the latest jobs report was released on Friday, it looked like it was full of good news. May marked the fourth consecutive month that 200,000+ jobs were created, a pattern we haven't seen since 1999. The stock market reacted positively, with The Dow and The S&P 500 continuing to push into record territory. But because I don't understand all of the underlying data, I asked my brother (and former Acting Secretary Of Labor) Seth to explain both the good and bad news about jobs and wages for American workers. We also talked about the impact technology has had -- and will continue to have -- on hiring.

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