July's Jobs Bummer: Want Fries with That?

July's report on the state of America's job market, released Friday, marked the 34^th month in a row in which the economy created jobs at a slow and steady clip. This is better news than very few or no jobs created at all, but it's best to judge by quality vs. quantity. While the economy generated 162,000 jobs last month, the bulk of those jobs is neither highly paid nor full-time work.