Jobs Market Stuck in Neutral — Time for Candidates to Talk About How to Fix It
Today’s jobs report is very disappointing. Essentially the labor market is stuck in neutral, yet unfortunately there’s little political will to do much to get it back into gear.
The US economy added only 142,000 jobs last month, compared with economists' estimatesof about 200,000. That put the average gain over the past thee months at just 167,000 – down from an average of 260,000 in 2014. Meanwhile, the official unemployment rate stayed steady at 5.1%.