Employers added 225,000 jobs last month, according to the U.S. Labor Department, continuing a record-setting run of job growth that has lasted 112 months. The unemployment rate ticked up to 3.6% but remains relatively low, and stock prices remain near record highs.
By other measures, however, the economy is floundering. Wage growth is tepid, blue-collar jobs that once supported the middle class continue to disappear, and many Americans report struggles affording housing, education and health care.
Here & Now‘s Jeremy Hobson speaks with Derek Thompson (@DKThomp), senior editor at the Atlantic, about the bifurcation of the American economy.
This article was originally published on WBUR.org.
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