This is a great sign for our economy. This might be an indicator that our economy is finally coming out of the recession. This means that more people will be able to get jobs because there are now more jobs available. Since more people are working our unemployment rate will go down.
Friday, May 7, 2010
April Jobs report: Best gain in four years
The month of April showed the greatest increase in the amount of jobs in a long time. There was a gain of 290,000 jobs for the month. It was the largest amount of jobs added to the labor force since March 2006. This increase in jobs is higher than what economists expected which was a gain of 187,000 jobs for the month. With this new increase in jobs the economy has added jobs in five of the last six months after not adding any jobs for two years.
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