Skip to main content
Back to Show
PBS News Hour

The May jobs report ‘misclassification error’ explained

New numbers from the U.S. Labor Department Friday surprised economists when the jobless rate dropped from 14.7 percent in April to 13.3 percent in May. But there was a note on the official report called a “misclassification error” that makes last month’s unemployment rate up to three points higher. The Wall Street Journal’s chief economics commentator Greg Ip joins Hari Sreenivasan to explain.

Support Provided By
Season
November 14, 2024 - PBS News Hour full episode
57:46
November 14, 2024 - PBS News Hour full episode
November 13, 2024 - PBS News Hour full episode
57:46
November 13, 2024 - PBS News Hour full episode
November 12, 2024 - PBS News Hour full episode
57:46
November 12, 2024 - PBS News Hour full episode
November 11, 2024 - PBS News Hour full episode
57:46
November 11, 2024 - PBS News Hour full episode
November 10, 2024 - PBS News Weekend full episode
26:45
November 10, 2024 - PBS News Weekend full episode
November 9, 2024 - PBS News Weekend full episode
26:45
November 9, 2024 - PBS News Weekend full episode
November 8, 2024 - PBS News Hour full episode
57:46
November 8, 2024 - PBS News Hour full episode
November 7, 2024 - PBS News Hour full episode
57:46
November 7, 2024 - PBS News Hour full episode
November 6, 2024 - PBS News Hour full episode
57:46
November 6, 2024 - PBS News Hour full episode
November 5, 2024 - PBS News Hour full episode
56:58
November 5, 2024 - PBS News Hour full episode
November 4, 2024 - PBS News Hour full episode
57:46
November 4, 2024 - PBS News Hour full episode
November 3, 2024 - PBS News Weekend full episode
26:44
November 3, 2024 - PBS News Weekend full episode
Active loading indicator