Friday, March 07, 2014

Jobs

+175K. Ok but not good enough. Unemployment up to 6.7%.

At this rate, we'll be back to pre-recession unemployment in..2019.Huzzah. (Stat according to email from EPI, which I can't find a link to). Apologies, I misread, 5 years to reach pre-recession labor conditions, which accounts for potential labor force growth.

The usual suspects portray this as GOOD NEWS but it really isn't.