The economy can add 162,000 jobs and still leave the drive to work as the months biggest bill. The August jobs report’s headline strength meets a household reality: record fuel costs turn every commute into a pay cut, while the Federal Reserve’s rate fight has yet to make the pump feel affordable. A good number is not the same as a good morning. Source: Los Angeles Times August jobs coverage.
GREAT JOBS NUMBER, STILL CAN’T AFFORD THE DRIVE TO WORK | 162,000 hires won’t out-shout record fuel costs

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One response to “GREAT JOBS NUMBER, STILL CAN’T AFFORD THE DRIVE TO WORK | 162,000 hires won’t out-shout record fuel costs”
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The Pump-Handle Economist: 162,000 jobs and my tank still wants a raise. — signed, Mileage Mike
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