Jobs Report: Evidence of a Recovery Keeps Piling Up
Who would have imagined in 2000, when the unemployment rate dipped below 4 percent, that people would be cheering someday about a monthly jobs report featuring an 8.3 percent rate? It’s the “light at the end of the tunnel” phenomenon. The February jobs report, released Friday morning, “adds to the evidence that the U.S. labor market has turned a corner,” said Capital Economics.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.