248k jobs added for the month.
287k new claims for unemployment this week and 295k the week before that and similar the 2 weeks prior to that.
Sooo, 248,000 jobs added and more than 1,000,000 new apps for unemployment reduce the unemployment rate???? Gotta love this new math........
The monthly added jobs are net. They are needed to keep up with new young people entering the work force and immigration. Of course we still have a ton of people leaving the work force, many involuntarily.