WASHINGTON (AP) -- The U.S. unemployment rate -- now just 5.1 percent -- grabs a lot of the attention each month when the government issues its jobs data. Yet the rate doesn't come close to sketching a full picture of the job market.
Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Fewer phones are ringing and more computers are beeping at workplaces nationwide. That's because an increasing number of employees, especially millennials, are choosing to conduct their interactions through emails instead of phone calls.
The country added 288,000 jobs in June, according to the Labor Department, but take a closer look at the numbers, and there's a less pleasant trend that comes to the forefront.