Blog on the Run: Reloaded

Friday, April 2, 2004 9:27 pm

New jobs — and lots of them

Filed under: Woohoo! — Lex @ 9:27 pm

Wow. About 308,000 jobs created in March, almost twice what most experts were predicting.

One month does not a recovery make, manufacturing gained net zero new jobs, and we’re still in the hole about 1.7 million jobs since the start of 2001. And remember, we need to gain about 150,000 to 180,000 jobs a month just to keep up with growth in the working-age population.

But still. This is very good news, and the first news about job creation this good in, well, years. I hope it lasts.

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