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Is the U.S. Economy Recovering?

Every month the US Bureau of Labor Statistics releases an Employment Situation Summary, but whether the report is positive or negative depends greatly on who interprets it. What does the job report actually mean? Is our economy on a rise or decline?

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Learn More:
Jobs Report: August numbers prove US economy is in crisis
http://www.foxnews.com/opinion/2014/09/05/jobs-report-august-numbers-prove-us-economy-is-in-crisis/
“The U.S. economy created only 142,000 jobs in August, down from 212,000 in July, indicating the economy significantly slowed this summer.”

A Disappointing Jobs Report May Mask Economy’s Strength
http://www.npr.org/2014/09/05/346124656/a-disappointing-jobs-report-may-mask-economys-strength
“The latest employment numbers indicate a slowdown in job growth, but many economists aren’t buying it.”

The “meh” US jobs report for August in two simple charts
http://qz.com/260452/the-meh-us-jobs-report-for-august-in-two-simple-charts/
“The US economy added 142,000 jobs in August, falling short of expectations.”

How to read a jobs report
http://www.washingtonpost.com/blogs/wonkblog/wp/2012/09/07/how-to-read-a-jobs-report/
“I noticed a fair amount of confusion Friday morning as to whether this was a good or a bad jobs report.”

A simple guide to reading those monthly jobs report numbers
http://www.washingtonpost.com/blogs/the-fix/wp/2014/09/05/how-to-read-those-monthly-jobs-report-numbers/
“The August jobs report, released Friday, was worse than expected, suggesting that the country added only 142,000 jobs last month.”

Economic News Release
http://www.bls.gov/news.release/empsit.nr0.htm
“Employment Situation Summary”

Chart Book: The Legacy of the Great Recession
http://www.cbpp.org/cms/index.cfm?fa=view&id=3252
“The United States went through its longest, and by most measures worst economic recession since the Great Depression between December 2007 and June 2009.”

Hiring, Slows In August, But Unemployment Dips to 6.1 Percent
http://www.npr.org/blogs/thetwo-way/2014/09/05/346030001/hiring-slows-in-august-but-unemployment-dips-to-6-1-percent
“The August jobs report from the Bureau of Labor Statistics is a mixed one: It shows that hiring slowed in August, but the unemployment rate dipped a tenth of a percent.”

Watch More:
Should we raise the minimum wage?
https://www.youtube.com/watch?v=vg2xW1xFj2c&list=UUgRvm1yLFoaQKhmaTqXk9SA

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