Jobs Report "Awful" -- January 5, 2018

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Title : Jobs Report "Awful" -- January 5, 2018
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Jobs Report "Awful" -- January 5, 2018

Small increase in number of jobs; less than forecast.

Unemployment rate remains unchanged, 4.1%.

Anti-Trumpers will have fun with this. But CNBC talking heads said this is actually a great number.

Job losses in retail sector -- down 67,000 for the year. [Warehouse workers -- such as Amazon -- are not reported in the retail sector.]

62.7% participation in labor force.

U6 - 8.1% -- this was "never" reported under the previous administration. Now, under Trump it's being reported.

6.8% -- African-American unemployment rate -- lowest since BLS started keeping records in 1972.


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