The economy created 268,000 jobs in April, the largest monthly total in five years with solid gains across many industries the Labor Department reported on May 7. This report was carried by AP economic writer Jeannine Aversa. The private sector has now added jobs for 14 consecutive months. The Labor Department also reported the job gains for February and March were actually stronger than it had previously thought and reported.
Unemployment was up to 9% an increase over March which was 8.8%. But the report said it appears to be because of a temporary disparity in two surveys the government uses to track jobs. Federal, State and local governments cut 24,000 jobs in April.
Average hourly earners pay are still trailing inflation. That should improve in this writers opinion as the economy gains more momentum and oil and gas prices start coming down. The economy is still on track to beat all the so called experts opinions concerning the GDP and unemployment by the time the next Presidential election comes about as previously reported here in politidose.
Once again the people should take note that the republican party is on the sidelines while progress is being made for the country and its people. Conservatives are still a real threat to a full economic recovery because of their desire to beat Obama in November 2012 and because of their anti-American ideology. The present republican party bears no resemblance to the republican party I knew since Ronald Reagan took office. There was that time in our history where the U.S. got things done for the better to help the country and its citizens.
The democratic party continues to prove they are indeed the party to lead our nation and its people back to economic health. That coupled with the fact that it was a democratic administration that succeeded in bringing Bin Laden to justice is also proof that our democratic leaders are strong on preserving our national defense.
President Obama needs to continue to push his policies for progress. Republicans have nothing to offer but the same old worn out rhetoric and falsehoods. What a difference since George Bush and the republicans no longer run the country.
Go Obama go, go green and go U.S.A.
