Today’s Jobs Report in Pictures

August 3, 2012 at 9:25 am

Today’s jobs report that showed some pickup in job creation in July does not reduce the need for policymakers to implement measures to give the flagging recovery a needed boost, including preparing to extend emergency federal unemployment insurance (UI) past its scheduled expiration at the end of the year.

Below are some charts to show how the new figures look in historical context. Here is our statement with further analysis.

See our chart book for more charts.

Print Friendly

More About Chad Stone

Chad Stone

Chad Stone is Chief Economist at the Center on Budget and Policy Priorities, where he specializes in the economic analysis of budget and policy issues. You can follow him on Twitter @ChadCBPP.

Full bio | Blog Archive | Research archive at CBPP.org

1 Comments Add Yours ↓

Comments are listed in reverse chronological order.

  1. John #
    1

    Federal minimum wage and tipped workers minimum has had an impact on the payrolls of alot of companies. The hospitality sector has seen the greatest increase of jobs gained and most of these employess are in the bottom of hourly pay. They do of coarse make tips. The increases have also made this industry run leaner since most companies use a varible/fixed labor percentage. The industry has historically low margins and any increase to the labor percentage goes directly into profit and with food prices high the wages can not be passed to costomer.



Your Comment

Comment Policy:

Thank you for joining the conversation about important policy issues. Comments are limited to 1,500 characters and are subject to approval and moderation. We reserve the right to remove comments that:

  • are injurious, defamatory, profane, off-topic or inappropriate;
  • contain personal attacks or racist, sexist, homophobic, or other slurs;
  • solicit and/or advertise for personal blogs and websites or to sell products or services;
  • may infringe the copyright or intellectual property rights of others or other applicable laws or regulations; or
  • are otherwise inconsistent with the goals of this blog.

Posted comments do not necessarily represent the views of the CBPP and do not constitute official endorsement by CBPP. Please note that comments will be approved during the Center's business hours. If you have questions, please contact communications@cbpp.org.




8 + = ten

 characters available