Some positive news on the jobs front:
According to the latest data from the Bureau of Labor Statistics, the economy created 243,000 jobs in January, and the unemployment rate fell to 8.3 percent. Analysts had expected about 140,000 jobs. The private sector created 257,000 jobs.
The bottom line is that this isn’t just a good jobs report. It’s a recovery jobs report. It’s showing the sort of numbers that win elections. As my colleague Neil Irwin tweeted, “That sound you hear is champagne corks in the West Wing.”
And the chart:
As employment and the economy improve, the Republican line “failed policies of the Obama administration” sounds increasingly similar to the pathetic teleprompter lines.