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Friday, May 06, 2011

The Empoyment Report: Better Than Expected, But Still Not Good Enough

I have some comments on the employment report at MoneyWatch (private sector employment increased by 268,000, government employment fell by 24,000 for a net job growth figure of 244,000, the unemployent rate increased to 9.0 percent, the employment to population ratio fell slightly to 58.4 percent, and the labor force participation rate held steady at 64.2 percent):

The Empoyment Report: Better Than Some Expected, But Still Not Good Enough

As the title says, it's better than expected, but at this rate it will be many years until we return to full emplyment, and -- if only policymakers would notice -- it's still not good enough.

    Posted by on Friday, May 6, 2011 at 09:09 AM Permalink  Comments (36)


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