Friday, April 1, 2011

A “Jobless” Recovery? Don’t Think So. An Alert

Private employers, free from the threat of suffocation presented by Barack Obama’s earlier statist ways, have taken heart. The future is no longer one of threat piled upon threat. Given the sudden 180 at the White House, it just might be ok to take on a few new employees after all.

In today’s Mar Employment release we saw that private enterprise drove almost all the gains, adding 230M jobs after 240M in Feb. As one news service nearly shouted out, this is the first time private hiring topped 200M in back-to-back months since 2006.

The jobs market is not booming but is improving very nicely, generating sustained increases in private sector jobs.


Robert Craven

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