Monday, April 5, 2010
Coming out of the Recession
There were 162000 jobs added in March which was the highest month since March of 2007. There has been an increases in growth of jobs in 3 of the last 6 months. This is a great sign considering the weather issues in the two previous months. Even though the job increase has not reduced the unemployment rate these numbers are very encouraging considering last year at this time the country was losing hundreds of thousands jobs every month.
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this is great news for our economy but hopefully it is only the start of our long period of the job growth that we will need. job growth may not always have an immediate effect on the unemployment rate. i think that this is a very important indicator that shows that our economy is beginning to grow again.
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