A new Labor Department report shows the nation created more than 160,000 jobs in July - a big jump from previous months, and more than economists expected.
Wall Street reacted positively - Friday morning the Dow was already up by more than 250 points.
But, these jobs numbers don't really tell the whole story and could be giving a distorted view of the economic recovery.
To help understand these statistics, we're joined by Floyd Norris. He's the chief financial correspondent for The New York Times.
Floyd Norris, chief financial correspondent for The New York Times.