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Jobs Report Shows U.S. Economy Still Growing Anemically

July's better-than-expected employment report is a sign that the U.S. economy is not slipping into recession, but robust growth is still nowhere to be found, say Morningstar's Bob Johnson and Vishnu Lekraj.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. The government announced this morning that the private sector added a 154,000 jobs in July, a better result than economists had expected. I'm here today with Vishnu Lekraj, a senior analyst at Morningstar and Bob Johnson, the director of economic analysis, to take a closer look at the report and see what it could mean for the economy.

Thanks for joining me today.