Analysis of the December 2017 Jobs Report
Summary from the AllSides News Team
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From the Right
Black unemployment rate falls to lowest on record
The unemployment rate for black workers fell to the lowest rate on record in December, the Bureau of Labor Statistics reported Friday.
From the Left
U.S. Job Market’s Strength Is Allowing More to Share in Pay Gains
The bustling United States economy is beginning to benefit some American workers who have not gotten a taste of the recovery and have been most in need of relief.
From the Center
OPINION: Don't Worry, Wage Gains Should Be Just Around the Corner
The December jobs report from the Bureau of Labor Statistics shows a year of steady improvement in the labor market. The unemployment rate continued to decline, from 4.8 percent in January to 4.1 percent in December, and total employment increased by 2.1 million jobs. This labor market strength extends beyond the headline numbers, as many other stubborn indicators have shown tremendous improvement. The labor underutilization rate, which captures unemployed, involuntary part-time workers and discouraged workers, is today at 8.1 percent, down from its peak of 17 percent in 2010. The...
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