Friday, March 5, 2010
HOT off the press - Employment figures for February......Unemployment for last month held steady at 9.7% Total non-farm payrolls were down by 36,000 for last month. Economist expected both of these numbers to be much worse, so this is good news. Also, we had major snow storms in February. This would cause for jobs that were scheduled to begin in February to be delayed. This would cause these numbers to be worse. All in all - I think these numbers are further confirmation of our economic recovery.
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