Question
The latest (August) employment report by the BLS shows unemployment rate rising to 3.7% and new jobs at 315K. Is this good / bad /
The latest (August) employment report by the BLS shows unemployment rate rising to 3.7% and new jobs at 315K. Is this good / bad / indifferent? What are the implications for the economy and what are the key components of this report.
As discussed in class, please comment on the latest (August) jobs report released by the BLS. You can focus on discussion of any particular indicator; discuss more general trends; or a combination of both (as we did in class).
Try to be specific and use analytical tools, for example data charts based on data from FRED or BLS.
Here's a link to the BLS jobs report (in the future, please be ready to find it without any additional prompts) https://www.bls.gov/news.release/empsit.nr0.htm(Links to an external site.)[remember to scroll down for a PDF file].
And here's a link to the labor force participation rate chart in FRED https://fred.stlouisfed.org/series/CIVPART(Links to an external site.)
try to answer in 150 words
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