Monthly Jobs Report Shows Promise; Unemployment Rate Dips to 7.5 Percent

Are you the type of person who looks at a glass and thinks it’s half full or half empty?

We’re the half full types and thus, today’s job report is actually a good thing. The economy added 165,000 jobs last month and the unemployment rate dropped to 7.5 percent nationally.

Here’s the kicker: According to a piece on ABC News, economists apparently thought the report was going to show adding 153,000 jobs last month with a stagnant unemployment rate.

As such, today’s report was better than expected! We’re not the only optimistic ones.

Kevin Dunning, U.S. Analyst for The Economist Intelligence Unit, told the site, “This is encouraging because it suggests that previously discouraged workers are returning to the jobs market on the back of better prospects now.”

Recommended articles