Monday, March 12, 2012

ECONOMY - Jobs, More Momentum

"Jobs Report Shows 'More Momentum,' but Unevenness Seen in U.S. Recovery" PBS Newshour 3/9/2012

Excerpt

RAY SUAREZ (Newshour): The jobs numbers for February offered new signs of hope today that the recovery is gaining some traction. The president pointed to progress, while his opponents said it's still not nearly good enough.

The U.S. economy has now turned in three of its strongest months of job growth since the recession began.



COMMENT: Americans do want the job market to improve MORE than it has, even myself although I'm semiretired. I worry about my fellow Americans.

Having said that (as I've said in the past) I do NOT expect the job market to grow as fast as we would like. You don't fill an 8yr-hole in our economy to be filled in just 4yrs, or 8yrs for that matter.

The sad truth is government can do little to grow the economy (including the job market) no matter what ANY politician promises.

What we can, or should, expect is the slow-but-steady improvement we have today.

Also, as to job expectations, the FIRST priority is to GET A JOB even if it's at lower pay or does not match a previous job. Once you get a job, a paycheck, then you can continue to look for better pay or a position that matches your previous job.

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