Employment is down much more among black men than among any other race/gender group in the country.
So you know how many jobs we gained or lost last month. What should you make of that number?
If labor force participation hadn't declined between 2007 and 2012, then unemployment wouldn't have gone down one whit.
Like we always do at this time, let's dive deep into the data in this month's jobs report.
As we do every month, let's break down today's job report, piece-by-piece, graphing as we go.
Today's jobs report, summarized in six charts.
ADP is better at predicting final employment numbers than even the federal government. And its latest figures are bleak.
And note that the private payroll processing firm has a better track record than BLS, at least since the crisis hit.
Private forecasters don't usually produce better data than the Bureau of Labor Statistics. But since the financial crisis hit, one forecaster has beaten the BLS on its own turf.
Take Friday's report with a grain of salt. If the recovery to date is any indication, the 114,000 number is probably too low.
We've been talking a lot about the jobs report. But have you ever wondered how the Bureau of Labor Statistics calculates them?
Today, the Bureau of Labor Statistics released the latest Consumer Product Index (CPI) numbers today, giving the most recent estimate of the rate of inflation. The short version: there isn't any.
Today's jobs report was grim, to say the least. How grim? Let's take a look.