MSM reports that our labor market rebounded from a weak 1st. 1/4.
Of course we all know who will take credit for this, but I say, thanks Obama.
Isn't it odd that when a republican leaves office, that they'll take credit for positive economic news (except # 43 - he owns that bad news) but when a democrat leaves office the republicans tout that they're the ones responsible for good economic times? Okay, call me a hack, but Obama's policies helped ease some of the past recession. I have a feeling that this positive news has a drawback, one being that people still can't find good paying full time (40 hours) work, and two, most of the hires are part timers for the summer season. I'll wait for the BLS to adjust the good news.
Dockadams says it all:
"people still can't find good paying full time (40 hours) work"