Legal Commentary

Good Jobs Number: 192K Jobs Gained, Unemployment At 8.9%

By Big Tent Democrat

A good jobs report:

The nation’s employers added 192,000 jobs on net in February, after having added just 63,000 jobs the previous month, the Labor Department reported on Friday. [. . .] The unemployment rate ticked down to 8.9 percent, falling below 9 percent for the first time in nearly two years.

Of course, we've been down this road before, a few good job reports followed by mostly bad reports. And with "austerity" the watchword in Washington and in state capitols, my personal view is this will be remembered as a blip. But today, this is good news.

Speaking for me only

Full post as published by TalkLeft on March 04, 2011 (boomark / email).