The good news: There were about 215,000 jobs added.
The not-so-good, not-so-bad news: The unemployment rate was steady at 5.3% and the participation rate was steady at 63.6%.
The recovery continues, but less than half of the American work force has full-time jobs. Wages barely budged as well. So, the consumer part of the economy is improving, but in uncertain ways. Not a sign of confidence, which is what the economic recovery needs.
(Click on the chart for the link.)
“We’re Live-Charting The Pretty Strong Jobs Report For July” – Quartz
