We have less unemployed people but we also have less employed people.
Reflecting our new economy, the great majority of increases were in service related industries.
Still having established a new bottom so to speak we are seeing some increases in hourly pay, a little over 3%.
The expansion from the lows of the financial meltdown continues and one could argue if it is because of the actions then or something like the recent business tax cuts.
Everything is usually a combination of all factors and we see service industries continuing to expand as we continue to evolve our economy.
Its good news, not great news, but still good.
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