162,000 Jobs Added Last Month In U.S.

The U.S. Department of Labor announced that 162,000 jobs were added last month, but the Wall Street Journal points out that even though job creation was "at the fastest pace in three years in March....nearly one-third came from temporary hiring for the Census, indicating the labor market has still some way to go to recover." An analyst told the NY Times (which also graphs job loss/growth), "The key message from this report is that we’ve finally turned the corner. Going forward, we should expect things to strengthen further over the rest of the year," while White House economic adviser Christina Romer was a little more measured, saying there were "continued signs of gradual labor market healing," but "there will likely be bumps in the road ahead." The national unemployment rate remains 9.7%

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By Jen Chung in News on April 2, 2010 11:38 AM

Comments [rss]

Darrell

You know things are bad when people are grasping at straws to claim victory.

Trilby16

Hm. I know of at least one eliminated (mine).

Kojak

Even if 1/3rd was for the Census, we're still talking over 100k jobs. The trend looks promising. Lets see what happens later on in the year.

cxb

PEOPLE, WHEN will you learn that govt LIES??

EX:

Bloombag said NYC's unemployment wasn't as bad as other cities (of course he PROMISED to create tons of jobs and like 100% of his other promises, the exact opposite occurred which is why 100% of media outlets rave about him).

AND NOT ONE JOURNALIST (but me) POINTED OUT A NO-BRAINER:

both Bush and Obama's bailouts ARTIFICIALLY kept jobs in NYC, no thanks to our Naked Emperor.

DUH: the bank bailouts etc kept jobs in NEW YORK CITY, more than anywhere else.

AGAIN: THERE'S ONLY ONE REASON POLITICIANS AND MEDIA LIE TO YOU EVERY DAY.

It works.

Always.

BloombergSCANDALS.blogspot.com

Trilby16

On the other hand, if businesses and consumers believe the lies and act "as if" the recession is ending, maybe it will.

Anyone need an experienced litigation paralegal?

Kojak

Hey I also heard Bloomberg is the reason theres Acid rain and AIDS. & he started WWII, the Great Depression, make the Beatles break up, and Killed OJ's wife.

Oh, and that numb feeling you get while having sex with a Condom? That's Bloomberg's fault too.

cxb

Do you work for the Mayor or what?

How about a WAGER:

I say the "recession" will get much much worse and you say things look 'promising'.

Will you back up that naivete with cash?

Didn't think so!