Obama adviser: Jobs report shows continued recovery
Job seekers wait in line to meet with a recruiter during a job fair on July 10, 2012 in San Francisco, California.
The Bureau of Labor Statistics reports the economy added 175,000 jobs in May, just edging out analyst expectations. The unemployment rate ticked up to 7.6 percent from 7.5 percent the previous month, likely owing to an increase in the labor force participation rate.
Alan Krueger, chairman of the president's council of economic advisers, joins Marketplace Morning Report host David Brancaccio to discuss.