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From Fool Global Headquarters, this is Motley Fool Money.

Welcome Motley Fool Money. Thanks for being here. I'm your host, Criselle, and joining me

in studio this week from Motley Fool Inside Value Joe Megger, and from Million Dollar Portfolio,

Charlie Travers, and Ron Gross-Genemick. Good to see you.

And I love you, Greg. We have got the latest on General Motors, LinkedIn, and a whole

lot of fashion retailers. We will go to London for a look at the business of the Olympics.

We'll give you some betting tips on the summer games, as well as a look at the stock

sonar radar. But we begin with the big macro. Guys, kind of a mixed bag in the monthly jobs report.

163,000 jobs were added in July. Charlie, that's the most since February. It was more than

was expected. And yet, the unemployment rate did tick up to 8.3%. What do you think?

Well, it's better than losing jobs, Chris. And for the year, there's been average job growth

of 151,000 per month. It's about the same as what happened in 2011. And that sounds like a good

number on its face and that it should mean the economy is growing. But as you mentioned,

the unemployment rate is still at 8.3%. And what's going on here is that that's just not fast enough

job growth to make a ding in that unemployment rate because the labor force is also growing.

Over the past year, the labor force has grown by 138,000 a month, which is new people looking for jobs.

And so we're basically in a treading water mode right now.

Yeah, some people just retired and make that a number go down.

It incentivized retirement. Yeah, the markets loved it. I mean, the really

reacted favorably. I'm not buying it. Would love to buy it, but not. Things are weak. The

real unemployment rate, it ticked up to 15%. That's a lot of people not working who would like to work.

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