The addition of jobs are always a good sign and its always good to hear about them, but now more than ever its a welcome piece of information. With unemployment reaching 9.5 percent, something we never expected, anyone watching the news is happy to learn of new jobs being created, especially in the privet sector. 83 thousand private sector jobs were added in June.
We have lost 22 thousand construction jobs so the 83 thousand job figure is not quite enough to get us back on track. With the housing and other markets depending on people finding jobs, we need an influx of jobs to saturate our economy to get us out of the economic downturn we find ourselves in these days.