What the U.S. Jobless Numbers Really Mean New numbers from U.S. Department of Labor point to a jobless rate of just 4.7 percent nationwide. Some media outlets tout employment figures as a major indicator of the nation's economic health — but author and economist Gene Epstein says the jobless numbers shouldn't be taken too seriously.
NPR logo

What the U.S. Jobless Numbers Really Mean

  • Download
  • <iframe src="https://www.npr.org/player/embed/5749762/5749763" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
What the U.S. Jobless Numbers Really Mean

What the U.S. Jobless Numbers Really Mean

What the U.S. Jobless Numbers Really Mean

  • Download
  • <iframe src="https://www.npr.org/player/embed/5749762/5749763" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

New numbers from U.S. Department of Labor point to a jobless rate of just 4.7 percent nationwide. Some media outlets tout employment figures as a major indicator of the nation's economic health — but author and economist Gene Epstein says the "spin" on jobless numbers shouldn't be taken too seriously.

Madeleine Brand talks with Epstein, author of Econospinning: How the Media Wash the Numbers You Need.

Related NPR Stories

Books Featured In This Story