Analysis: March job growth reveals a recovery as boring and as great as ever
Job seekers wait in line to apply for part-time, full-time or seasonal positions at a 2017 job fair in Sweetwater, Fla. By Matt O'Brien Matt O'Brien Reporter covering economic affairs Email Bio Follow April 5 at 3:51 PM It turns out there really are just three certainties in life: death, taxes and this economic recovery creating about 200,000 jobs per month.
But how much longer can this go on? That’s where things get tricky. That we’re still adding so many jobs each month suggests there must be more slack left in the labor market — people who want to work but maybe aren’t actively looking — based on the unemployment rate. That said, there are a few tentative signs things might not be so rosy. While it’s true that growth bounced back from the disappointing 33,000 jobs added last month, it might not have been much of a rebound.
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