[T]he economy is, step by step, looking stronger.Today's report of 200,000 new jobs in December and 8.5 percent unemployment seems to fit a general trend. Jobless claims have fallen steadily, forecasters expect to see fast growth in the fourth quarter of 2011, and some of the disasters that held back the economy in the last year (the Japanese tsunami, the Libya oil shock, the Republican debt-ceiling hostage crisis) have all receded. With the obvious caveat that predictions are hard, it’s looking more and more like a real recovery may finally be upon us.
The Economy Might Be Finally Turning
Is it time to freshen up your resume? Maybe, at least according to Jonathan Chait
Posted by Steve P Brady