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?

Go to http://testtube.ting.com to find out how much you could save by switching your mobile service. Get $25 in Ting credit and help support the show!

Learn More:
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
“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
“The US economy added 142,000 jobs in August, falling short of expectations.”

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
“The August jobs report, released Friday, was worse than expected, suggesting that the country added only 142,000 jobs last month.”

Economic News Release
“Employment Situation Summary”

Chart Book: The Legacy of the Great Recession
“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
“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?


TestTube’s new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubedailyshow/

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Tara Long on Twitter https://twitter.com/TaraLongest

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq



Leave a Reply

Your email address will not be published. Required fields are marked *