In November, 228,000 jobs were added according to economy according to the Bureau of Labor Statistics. FiveThirtyEight Visual Journalist Julia Wolfe breaks down the meaning of this report.
Wolfe says these numbers are more of an estimate, and will be revised over the coming months. Wolfe says the Bureau of Labor Statistics says the first report could range by 120,000. So a number that first seems impressive could change drastically over the coming months as more data surfaces.
Looking at the last five years, it's clear we are seeing growth in the economy, says Wolfe. When looking at future jobs reports, Wolfe says it's imperative people look at revised numbers from past months.
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A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.