text:  Austin Goolsbee is president of the Chicago Fed and a former White House economist in the Obama administration. He's here to put these numbers and trends into context. Austin, so what stood out to you in the new data from the Labor Department? Well, it was an excellent report. And I always say one month is no months. So you don't want to jump up and down over any one month. But we had an excellent report last month, too.