From ABC:
This is a mostly decent jobs report. The jobs number is well above 150,000, which is needed just to keep up with population growth. However, given the number of long-term unemployed and the still elevated jobless rate of 7.3% , it would be nice to see it a bit higher.
We’ve known for a while that this recovery wouldn’t be easy. Even the rosiest of projections didn’t see the job market returning to pre-recession levels until the middle of the decade. But it is good to know that things aren’t getting worse, and that slowly but surely they are getting better.