US adds 156,000 jobs, unemployment rate climbs to 4.7%

Yahoo Finance ^ | 01/07/2017 | Sam Ro

[Mafe]

I don’t get it - if we’re adding jobs, how the hell is unemployment going up? Last time I checked, more jobs meant less unemployment.

[Mafe]

I don’t get it - if we’re adding jobs, how the hell is unemployment going up? Last time I checked, more jobs meant less unemployment.

[New Jersey Realist]

Far more than 95,000,000 Americans are no longer looking for work.

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60 million are over 65, retired or disabled on SSI. Let’s be honest. Even so, 35 million young adults out of work is serious enough without exaggerating.

[trebb]

Must be part of the Obama Admin’s “new math”....

[JPJones]

“I don’t get it - if we’re adding jobs, how the hell is unemployment going up? Last time I checked, more jobs meant less unemployment.”

It seems counter-intuitive, but the unemployment rate is going up because more people re-entered the job market place.

It’s exactly what usually happens, and it’s actually a good sign.

[Paul R.]

I don’t get it - if we’re adding jobs, how the hell is unemployment going up? Last time I checked, more jobs meant less unemployment.

Both the numerator AND the denominator changed.