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Nothing to Write Home About in This Job Market

Aside from the monthly BLS data, other reports paint a more upbeat picture of the labor market, but we likely won't see near-term changes to current job growth, says Morningstar's Bob Johnson.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. There is a lot of tension about last week's payrolls report from the Bureau of Labor Statistics, but it's not the only game in town when it comes to looking at the labor market. I'm here with Bob Johnson, our director of economic analysis, to look at some of these other indicators and what they're telling us.

Bob, thanks for joining me today.