Friday, May 3, 2013

Another 165,000 Jobs Added

The US Dept of Labor announced the addition of another 165,000 jobs last month, and the unemployment rate dropped to 7.5%.

The US has been gaining jobs for 38 months in a row. When Bush left office we were losing an average of 750,000 jobs a month. What a difference.

The report also substantially boosted the number of new jobs created in the prior two months. March's payrolls were raised to 138,000, some 50,000 more than previously reported, and February's job count was revised up to 332,000, the largest since May 2010.

And if Congress wasn't so busy trying to sabotage the American workforce for their own political gain with this ongoing "sequestration," the economy would be even more robust.

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