Salient to Investors:
Lawrence Mishel at the Economic Policy Institute says:
- The jobs report shows nice momentum, though increase in payrolls is not fast enough to get a rapid decline in unemployment.
- The jobs data is not manipulated – the data is based on surveys of tens of thousands of employers and households every month.
- The ratio of employment to population rate rose to 58.7% in September after falling for several months – because more people are finding work and not because the labor force is contracting.