All eyes are on Friday’s employment report, with the focus apparently on whether the Obama administration can reach 200,000 a month in April. Our question is why? Why has creating 200,000 jobs become the litmus test of a successful jobs report?
Given the deep jobs deficit in which our economy finds itself, we need a lot more jobs than that. In the first 24 months of the average postwar recovery from recession, the economy created 147,000 payroll jobs on average.
From Special Report with Bret Baier | Friday, April 6, 2012 On Friday’s employment report showing that the economy created only 120,000 jobs in March, about half the net growth of each of the three prior months: Keep reading this po... Read Post
The American economy created a healthy batch of new jobs in April for the third straight month, allaying fears of a stall in hiring due to higher oil prices and concerns about an economic slowdown. The Labor Department said Friday..... Read Post