Latest Job Numbers

Employment gains were weaker than expected in June, although other data were more encouraging and the overall hiring trend remains solid.

After an outsize gain in May, the number of new jobs added by the U.S. economy in June was something of a disappointment. The headline nonfarm payroll figure for the month's employment report, released July 8, showed a gain of 146,000 jobs, well below economists' median forecast of an increase of 190,000. More here.

Should we be surprised that job growth is less than expected? Look at the number of jobs we continue to offshore every day. Gee. maybe that has something to do with the slower employment growth problem we're having.

The other question is: "Are we creating enough good jobs in terms of pay level, benefits, and career growth potential? I would guess not.