Saturday, March 10, 2012

Job growth a great sign for the president

Great news on the jobs front for President Obama: the United States economy added 227,000 jobs this past February, with an overwhelming number of college graduates finding work.  This figure marks three consecutive months of substantial gains.  Although the unemployment rate remained static at 8.3 percent, approximately half a million Americans began looking for jobs again, distorting the figure.  This January, there were 1.4 million more jobs than in April 2011, including positions in manufacturing, finance, law, accounting, hospitality, and mining.

Republicans, such as Mitt Romney, are trying to frame the jobs statistics in a manner unfavorable to Obama, but to no avail.  No matter which way you look at it, the United States is making significant progress.  There is no legitimate way to downplay the creation of 227,000 jobs.  Doubtlessly, the U.S. still has a long way to go; however, it appears that the economy is beginning to make significant improvements.  C'mon, Mitt... you claim to be a job creation man who cares about the country; be happy!

Check out the attached New York Times article for more.

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