5 Charts on July's Jobs Report

The economy created 162,000 jobs in July. That was a bit below expectations. Dow Jones futures had been up this morning, but stocks fell after the report was released.

Friends don't let friends waste too much time on a number that will be revised at least seven times, but here are five charts that sum up the state of the jobs market.

1. Here's the big picture:

Source: Bureau of Labor Statistics, author's calculations.

2. Here's the breakdown of government and private employment:

Source: Bureau of Labor Statistics.

3. Here are four different ways the Bureau of Labor Statistics calculates unemployment:

Source: Bureau of Labor Statistics.

4. Here's the change in employment by education:

Source: Bureau of Labor Statistics.

5. And here's unemployment by education:

Source: Bureau of Labor Statistics.

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