Today’s Surprising Unemployment Report
About This Episode
This morning we learned that 2.5 million jobs were added in May, and that the unemployment rate fell from 14.7% to 13.3%. That was a surprise to virtually all economic forecasters. That has led some to conclude that this recession, which has not been officially declared, may turn out to be the shortest on record.
About Our Guest
Here to talk to me about that report, as well as the April personal income report, is Advisor Perspectives’ very own Jill Mislinski. Jill is our research director and oversees the production of AP Charts and Analysis, including many of our most popular articles that track market valuations and economic indicators.