Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 9-12
,
Video

Making Sen$e with Paul Solman: Economist warns against overacting to January’s lower-than-expected jobs numbers

Updated: February 7 2014,
Author: barrel fan
Print

Standards

Open Video

Just 113,000 new jobs were added in January, according to the Labor Department’s monthly employment report. The numbers failed to meet expectations, but the unemployment rate nevertheless ticked down to 6.6 percent. Economics correspondent Paul Solman deciphers the numbers with Justin Wolfers of the Brookings Institution.