April 2, 2010
barry’s economic advisor DR CHRISTINA ROMER:
Even after adjusting for the 48,000 temporary census workers hired and a rebound effect from the February snowstorms, this number suggests an increase in underlying payroll employment.
While this is the most positive jobs report we have had in three years, there will likely be bumps in the road ahead.
It is important not to read too much into any one monthly report, positive or negative.
Especially when the last 15 – since barry’s been in office – are taken into account.
He started at 7.7, reached a peak of 10.1 and for the last three months has remined at 9.7 – all the while adding new govt jobs.
And the real unemployment rate?
