{"id":33863,"date":"2012-08-04T02:00:32","date_gmt":"2012-08-04T02:00:32","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj_hiring_climbs_but_jobless_rate_ticks_up_in_july\/"},"modified":"2012-08-04T02:00:32","modified_gmt":"2012-08-04T02:00:32","slug":"wsj_hiring_climbs_but_jobless_rate_ticks_up_in_july","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=33863","title":{"rendered":"(WSJ) Hiring Climbs but Jobless Rate Ticks Up in July"},"content":{"rendered":"<p>The report provides the latest evidence that the economy lacks the momentum to make a dent in the unemployment rate. It takes roughly 100,000 to 120,000 new jobs a month just to keep unemployment from rising, which the economy failed to do in July. That is because despite July&#8217;s impressive gains the U.S. economy has added an average of only 105,000 jobs a month over the past three months.<\/p>\n<p>&#8220;We&#8217;re treading water,&#8221; said Stephen Stanley, chief economist at Pierpont Securities. &#8220;We&#8217;re not falling down, but we&#8217;re also not making up any ground. We&#8217;re not getting any closer to a normal type of employment reading.&#8221;<\/p>\n<p><i><a href=\"http:\/\/online.wsj.com\/article\/SB10000872396390444320704577566790169187310.html\">Read it all<\/a>, and make sure to focus on the rate that matters, which is U-6 as we have discussed many times before, it ticked up to 15% this month; in March it was 14.5%&#8211;KSH.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The report provides the latest evidence that the economy lacks the momentum to make a dent in the unemployment rate. It takes roughly 100,000 to 120,000 new jobs a month just to keep unemployment from rising, which the economy failed<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=33863\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,597,596],"tags":[],"class_list":["post-33863","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-laborlabor-unionslabor-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33863"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33863\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}