Friday, March 08, 2013

236,000 Net New Jobs in February

More bad news for the republicans that are still trying to derail Obama at the cost of the American people: 7.7% unemployment rate; 36 months of consecutive job growth; 236K net new jobs.
Jobs report in seven charts.
Note: the 14.2% long-term unemployment rate illustrates our transitioning economy, which calls for continued focus on education, especially trade schools and community college for workers who need to update their skills for today's workforce. The Brookings Institution gives several reasons why we have a high long-term unemployment rate. All of the reasons are tied to the recession.