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kronker54 21yo Toledo, Ohio, United States

Wonkblog: Booming jobs and falling gas prices make this the best economy in 15 years
The little recovery that could just got a whole lot bigger.The economy added 257,000 jobs in January, added a whopping 147,000 more in revisions to previous months, saw average hourly wages creep up 2.2 percent the past year, and, best of all, the unemployment rate ticked up from 5.6 to 5.7 percent. This last part was good news, because it wasn't about people losing their jobs, but rather about more people looking for them. Indeed, the labor force grew by 703,000—yes, that's not a misprint—after you include annual population adjustments. So joblessness went up because the economy is creating so many jobs that people have stopped giving up.Read full article >>

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