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POSITIVE JOB CREATION IN MARCH

[ 0 ] Apr. 22, 2011 | SBO Editor

According to chief economist for the National Federation of Independent Business (NFIB) William C. Dunkelberg, issued the following statement regarding March job numbers based on the association’s survey:

“The positive job creation observed in February was repeated again in March (sigh of relief here), confirming that the number of net new jobs reported on Main Street was decidedly positive. Employment gains have not been this good since 2007.

“The percent of owners reporting hard to fill job openings was unchanged at 15 percent, supporting the modest reductions in the unemployment rate recently observed.  Unfortunately, the net percent of owners planning to create new jobs (increasing the total number of workers employed) lost three points, falling to a net 2 percent of all firms, low, but still 12 points better than the recession low reading of negative 10 percent reached in March 2009.

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Category: Features