Marketplace's Chris Farrell argues that this recovery is more similar to the jobless recoveries of the 1990s and 2000s than of the 1980s and 1970s, and he talks about what to expect going forward.
Taking a look at Gallup's latest data on whether people pay attention to the government's unemployment reports, and whether they feel the economic recovery is on the right track.
The American workforce feels it, but now its official: the economy created a meager number of jobs in May. Alan Krueger, chair of the President's council of economic advisors joined us live for the White House's reaction.
The U.S. added 69,000 jobs in May and the unemployment rate in the U.S. climbed to 8.2 percent, from 8.1 percent in April. At the same time, the number of jobs created in March and April has been revised down.
The government recorded just 69,000 additional jobs in May. A separate survey of households showed unemployment at 8.2 percent, a slight increase from April.