The economy create 200,000 jobs in December and lowered the unemployment rate from 8.7% to 8.5%. One can slice and dice this a lot. December is a particularly odd month for employment due to the Christmas season and temporary hiring. But it is fair to say the economy is better off today than it was 3 years ago.
What is open for discussion, is whether the economy is improving despite the federal govt, or because of it. And -- whether we might have lowered unemployment much faster had the first focus been on the economy instead of passing the healthcare bill. But no doubt the President will be crowing about this improvement in job creation. Today's employment report now makes Feb and March the more important to see if this a trend.
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