Sunday, March 6, 2011

Ezra Klein - The best jobs report in three years


Ezra Klein - The best jobs report in three years: "Is the February jobs report good? Compared with anything we’ve seen in the past three years -- including the numbers last spring, where were puffed up by temporary census hires -- it’s great. We created 192,000 jobs, and the unemployment rate fell below the psychologically important 9 percent mark. This is the sort of jobs report that could persuade businesses to start hiring and investing for real, as the only thing worse than getting into a recovering economy too early is getting into a recovering economy too late, and they’d be well served investing ahead of it rather than trying to play catch-up."

No comments: