Business & Technology | Jobs report: 'Game-changer' | Seattle Times Newspaper
OK, so Mitt said, "Unfortunately, these numbers cannot hide the fact that President Obama's policies have prevented a true economic recovery. We can do better." And Newt even said, "Give him some credit. If it makes you happy, give him some credit." But:
"It is a fantastic jobs report, not a single blemish," said Mark Zandi, chief economist for Moody's Analytics, a forecasting and consulting firm. "Jobs were up big, and unemployment was down big. All the leading indicators in the report suggest continued solid job growth at least into the spring." And:
"This is a game-changer," said Ian Shepherdson, chief U.S. economist at High Frequency Economics. "The payroll numbers validate, in the market's eyes, what all the other data are saying." And:
"The collective psyche seems to be turning a bit more optimistic," said Marisa Di Natale, director of economic research for Moody's Analytics. "We're certainly going to revise our forecast." And:
"Is it good that the unemployment rate is dropping for Obama? Yes, it's good," said Lynn Vavreck, an associate professor of political science and communications at UCLA. "Does it matter what it drops to? No. That's actually pretty irrelevant."
Saturday, February 4, 2012
