Over the weekend both political parties were appearing on the Sunday news programs, stating how their economic ideas (stimulus /extension tax cuts) has help added 190,000 new jobs in February. Don’t get me wrong this is good news. But here are a few things we must remember:
*We still have 13.7 million unemployed in America.
*2. 7 million who have stopped looking for jobs.
* We lost 8 million jobs in this recession.
* Yes, we created 190,000 jobs in Feb, but each month we need to add 100,000 jobs just to keep up with the growing labor pool.
*Nearly half 43.9% with those without jobs have been out of work for 6 months or longer.
File Under: We still have a long way to go.