Shocking Fact in Today’s Job Report: Employment Stalls
FEBRUARY 3, 2017
Today’s employment report shows a robust increase of 227,000 jobs. The rest of the report was horrific. Initial Reaction. The good news stops there. The big news is in employment where the three-month trend worsened. In the last three months, employment has only risen by a grand total of 33,000. Employment in January declined by 30,000. For the entire year, employment rose by only 1,548,000. The average increase from a year ago is only 129,000 per month.