Today’s Jobs Report in Pictures
Today’s jobs report, which is colored by October’s federal government shutdown, sends distinctly mixed signals about the job market. The employer survey shows much greater job creation than analysts expected, while the household survey shows that significant weaknesses persist. Either way, unemployment remains stubbornly high and too many people have been out of work too long.
Below are some charts to show how the new figures look in historical context. Visit our website for my full statement with further analysis.