One way to evaluate the health of an economy is to look at the jobs picture, which looks pretty rosy so far this spring. But there’s another sign to keep any eye on: the availability of credit.
The Bureau of Labor Statistics reports that the economy added 165,000 jobs last month, beating analyst expectations. The unemployment rate fell to 7.5 percent, the lowest since December of 2008.
We analyze the latest jobs report and get an update on how the Consumer Financial Protection Bureau is helping stay-at-home parents earn lines of credit.