Today’s jobs report is causing economists to not know whether or not the U.S. economy is headed south and what to make of these numbers.
“‘February’s job gains beat expectations again in another display of resiliency for this labor market,’ another analyst, Cody Harker, head of data and insights from Bayard Advertising, commented.”
“The average American can take comfort in knowing that despite some gloomy economic predictions, the job market is still strong. Unemployed workers should have no trouble finding a new job.”
“But this jobs report also means that the Federal Reserve will likely continue to quickly raise interest rates, which is not happy news for any consumer who is trying to borrow money soon.”
Read the full article at Times Magazine.