http://blogs.wsj.com/economics/2015/07/02/economists-react-to-the-june-jobs-report-certainly-disappointing/
The net read on the economy from the monthly labor market data is that
the economy is stuck on the same shallow growth trajectory that has been
in place for the past several years. Even the decline in the jobless
rate was a reflection of a weaker labor market."'' -- Most are now
turning to the labor force participation rate, which seems more
correlated to the true health of the economy (and is also more directly
connected to wages and hours worked, since you can't draw people into
the labor force unless you actually pay them enough and give them enough
hours).
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