The Wall Street Journal‘s headline today:

TEPID JOB GROWTH FUELS WORRY:  Unemployment Rate Hits 7.8% as Economy Stays Sluggish

Doesn’t the word “hits” there kind of make you think the rate rose to 7.8%?  But no, it was 7.8% last month too, and is down from 8.5% at the end of last year.

Meanwhile, the New York Times goes with

JOB CREATION IS STILL STEADY DESPITE WORRY:  Gain of 155,000 Keeps Jobless Rate at 7.8%

which gets the constancy of the unemployment right — but “steady” alone conveys a misleadingly sunny impression.

Cheers to the Milwaukee Journal Sentinel, which rolls it pretty straight down the lane:

JOBLESS RATE STAYS PUT:  U.S. economy adds just 155,000 jobs in its 34th month of subpar growth

It’s steady and tepid!

Framing the jobs report

2 thoughts on “Framing the jobs report

  1. byesac says:

    I might have eliminated the word, “just”, in the Milwaukee Journal story, but maybe it is an editorial.

  2. nnyhav says:

    “Little change in unemployment or job gains” may convey more and be more accurate than any of the above. (Nov unemployment was revised up from 7.7%)

    see also http://blogs.reuters.com/felix-salmon/2013/01/04/the-curious-predictability-of-the-payrolls-report/

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