There are two main stories about how the U.S. job market is doing as highlighted by this article by Ben Casselman of FiveThirtyEight, titled “Trump and Clinton can both spin the Latest Job Report”
According to this article, on the one hand, the Democratic candidate Hillary Clinton tells us, the job market is in great shape, citing the steady job growth, low unemployment rate, and rising wages as evidence, while the Republican candidate Donald J. Trump using this same evidence spews a negative rhetoric of slow recovery and claiming the numbers are manipulated.
As noted in my last blog post on the views of the economy, while an almost equal number of Americans 43% compared to 49% believe it is easy to find a job in their community, what is more important, I believe, is that a higher number of Americans, 53%, believe their family income is falling behind their cost of living.
There is cause to be hopeful with the latest report by the Census Bureau showing an increase in real median household income between 2014 and 2015, the first since 2007.
