Did the jobs report show good news?

A man prepares a meal near a "help wanted" sign hanging in a restaurant window in San Francisco, California November 17, 2011.   REUTERS/Robert Galbraith  (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E7BI0Y3E01

Ryan Nunn, policy director of the Hamilton project, explains that despite a lack of growth in real wages, household income is rising. He also discusses how these numbers are calculated and what they signify about the health of the US economy.

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