Friday, March 4, 2011

Krugman on Job Growth Report

link here to article

While the recent report on US job growth is a good sign that shows progress in the recovery, Krugman puts it in perspective by comparing monthly job growth over time since Clinton. US job growth was above 200K/month under Clinton when we had full-employment. This month's job growth report suffers in comparison.

In another context, Krugman expresses concern that current efforts to cut government spending may stall the recovery.

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