Understanding the Bureau of Labor Statistics' employment data on WDIY's Economic Pulse
The Bureau of Labor Statistics released employment data showing an increase of 175,000 new payroll jobs in February. But at the same time it also stated that the total number unemployed increased by more than 200,000 and unemployment rate also rose by one-tenth of one percent in February. How does this work? Tune in on Fridays at 5:44 PM and on Mondays at 7:35 AM. (Original air-date March 14, 2014).