{"id":181394,"date":"2016-07-08T18:20:00","date_gmt":"2016-07-08T23:20:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/07\/08\/good-jobs-stats-this-month\/"},"modified":"2016-07-08T18:20:00","modified_gmt":"2016-07-08T23:20:00","slug":"good-jobs-stats-this-month","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/07\/08\/good-jobs-stats-this-month\/","title":{"rendered":"Good Jobs Stats this MOnth"},"content":{"rendered":"<p><a href=\"http:\/\/www.nytimes.com\/2016\/07\/09\/business\/economy\/jobs-report-unemployment-wages.html\">287,000 new jobs in June<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">Quashing worries that job growth is flagging, the government on Friday reported that employers increased payrolls by 287,000 in June, an arresting surge that could reframe the economic debate just weeks before Republicans and Democrats gather for their conventions.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The official unemployment rate did rise to 4.9 percent, from 4.7 percent, but that was largely because more Americans rejoined the work force. And average hourly earnings ticked up again, continuing a pattern of rising wages that brought the yearly gain to 2.6 percent.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">\u201cWow, this one takes my breath away,\u201d said Diane Swonk, an independent economist in Chicago.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">An unexpectedly grim employment report in May combined with Britain\u2019s vote to leave the European Union had fanned wider concerns that the American economy was in danger of stalling. During its meeting last month, the Federal Reserve unanimously decided to postpone increasing the benchmark interest rate.<\/span><\/p><\/blockquote>\n<p>It&#8217;s just one month, and part of that number is Verizon strikers returning to work, and it follows a horrible May.<\/p>\n<p>About all we can say is that the Fed almost certainly won&#8217;t do anything with rates before the election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>287,000 new jobs in June: Quashing worries that job growth is flagging, the government on Friday reported that employers increased payrolls by 287,000 in June, an arresting surge that could reframe the economic debate just weeks before Republicans and Democrats gather for their conventions.The official unemployment rate did rise to 4.9 percent, from 4.7 percent, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,975,992],"tags":[],"class_list":["post-181394","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment","category-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181394"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=181394"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/181394\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=181394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=181394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=181394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}