Sunday, May 9, 2010

Jobs report shows growth in private sector

The latest jobs report shows that the Obama administration's efforts to spend their way out of the recession -- despite conservative concerns over the method -- are paying off.



Though unemployment numbers went up (attributed to a number of Americans who had given up now re-searching for employment), it appears that almost 300,000 new jobs were created in April.

That's the largest increase in four years. Most of these jobs, too, have come from the private sector.

If ever there was proof that the stimulus package was working, this is it. If these trends continue, the Democrats will have something strong to run on come November of this year.

2 comments:

  1. I've always maintained that November won't be quite the bloodbath everyone's making it out to be if the economy continues to show positive growth. While things aren't looking too great right now, I'm betting by October more folks will be encouraged by the state of the economy.

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  2. Zach,
    My worry is that the Democrats won't "sell" themselves enough in the run-up to the elections. The GOP is going to say "what about the economy" for the next six months, right up to election day. The Democrats need to say, as many times as the GOP does, that the economy is OUR issue, that WE are fixing the mess that THEY got us in. Mainly because it's true, and I'd hate to see what troubles we'll find ourselves in if the Republican Party gets back into power.

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