You forgot to include the quote from the same article saying that job growth is still lower than we would normally expect at an economy growing at this rate. Nor does the increase in jobs reflect stagnant or decreased wages or people leaving unemployment to take jobs at reduced salaries. I wonder what percentage of Minneapolitans received more than a 2% pay increase over the last couple years.
Jason Stone Diamond Lake --- Victoria Heller <[EMAIL PROTECTED]> wrote: > Just released: > http://www.thestreet.com/_medge/markets/meredithderby/10152017.html > > The labor market roared back to life in March, adding 308,000 nonfarm jobs, > as the Federal Reserve's two-year-old commitment to easy credit finally > sparked the employment revival seen as crucial to President Bush's > reelection. Stock futures, bond yields and the dollar spiked on the news. > > In addition to March's blowout number, which represented the greatest > monthly job growth since April 2000, the Labor Department also revised > higher the number of jobs added in the year's first two months. In January, > payrolls grew by 159,000, not the 97,000 reported last month, while February > payroll growth was 46,000, not the originally reported 21,000. > > Vicky's comment: > > Oops, bad timing again. Minneapolis hands over MILLIONS of taxpayer dollars > to Allina -- JUST BEFORE THE NEW JOB EXPLOSION! If Minneapolis were a > listed stock, I'd be short. > > Vicky Heller > North Oaks and Cedar-Riverside > Opening bell in 3 minutes - got to go. > > REMINDERS: > 1. Think a member has violated the rules? Email the list manager at [EMAIL > PROTECTED] before > continuing it on the list. > 2. Don't feed the troll! Ignore obvious flame-bait. > > For state and national discussions see: http://e-democracy.org/discuss.html > For external forums, see: http://e-democracy.org/mninteract > ________________________________ > > Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy > Post messages to: mailto:[EMAIL PROTECTED] > Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls __________________________________ Do you Yahoo!? Yahoo! Small Business $15K Web Design Giveaway http://promotions.yahoo.com/design_giveaway/ REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
