March Jobs Numbers: Bravo!

A reason for lots of people to smile

People, we are making a recovery. The economy added 230,000 jobs in March, and unemployment inched down to 8.8 percent. Of course, things are still more dire here in Los Angeles, but good news is good news because much of the recovery is built on perception and momentum. You’re feeling optimistic about the future so you buy a piece of furniture and the furniture maker has increased revenue so he goes out to dinner — it all works its way through the economy. We are all connected. Our friends at the LA Times ran a headline today: “Job growth lifts outlook on economy.” We’re trying to do our part.