Friday, March 9, 2012

Associated Press: Warren Levinson- 'Economy Adds 227K Jobs, Rate Unchanged at 8.3%'

Source:Associated Press- Vanessa Bartram talking about the jobs report.

"U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession began. (March 9)" 

From the Associated Press 

At risk of repeating myself and sound like a politician whose speaking from a broken teleprompter and keeps repeating himself as a result: we're off to a good start in 2012 as far as jobs and growth, even wages. But there's still a lot of work to be done with 12 million people still out-of-work. 

The Great Recession ended during the summer of 2009 and we've been growing ever since and have been adding jobs every month since early 2010. These are good signs but when you are in the economic hole that we've been in since late 2008, it takes a long time to completely dig your way out of that hole. 

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