Employment & U.S. consumption increases... but gas prices decline?

 

GasBuddy Blog -- The news from the U.S. Dept. of Labor last week was reported by the Washington Post as follows: “…unemployment at a seven-year low and a cooling pace of jobs growth — provided conflicting signals about the nation’s economic momentum as the Federal Reserve considers raising interest rates for the first time in nearly a decade. The U.S. added 173,000 jobs, slightly below expectations, while the unemployment rate fell to 5.1 percent.”  If unemployment has shrunk to 5.1% (in Florida we’re at 5.4%) shouldn’t we see more people on the road commuting to their jobs? ...

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