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Slow, Unsteady Hiring Won’t Fix Jobless Problem

Now more than ever is the time to change Washington’s spending-cuts obsession to one of creating jobs and forging a strong middle-class economy.

With 165,000 new jobs added in April, according to data released today from the Bureau of Labor Statistics, Americans can breathe a momentary sigh of relief from our anxiety over the U.S. employment situation.

The unemployment rate remains essentially unchanged, however, and — of those we count — nearly 12 million people still can’t find work in the United States.

The above excerpt was originally published in MarketWatch. Click here to view the full article.

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Authors

Adam Hersh

Senior Economist