sobota, 3 kwietnia 2010

Jobs turning the corner

So we have 162,000 jobs added in March.
Ain't that something?
Just when the bears are grasping for their last straw, the jobs number gives them another smackdown!

WASHINGTON (AP) -- The nation added jobs at the fastest pace in three years last month as factories, stores, hospitals and the census all brought workers on board -- the surest sign yet that the worst employment market in a generation has finally snapped back.
The unemployment rate stayed at 9.7 percent for the third month in a row, the Labor Department said Friday. Economists actually consider that a hopeful sign because it means more people are encouraged and starting to look for work.
"This recovery is for real," said Chris Rupkey, economist at the Bank of Tokyo-Mitsubishi.

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