The Story Behind Contradictory Unemployment Stats

The Labor Department released some interesting employment data last week. The economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006. However, the jobless rate edged upward at the same time. What gives? If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.

The Labor Department released some interesting employment data last week. The economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006. However, the jobless rate edged upward at the same time. What gives?

If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.

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