Unchanged Unemployment Rate = Hope

By Paul Sancya, AP file
Sharon Phillips, left, William Wright, center, and Tim Paliwoda, right, all of Detroit, fill out applications while attending a job fair in Detroit.
Although the Los Angeles Times took a break from reporting economic news about the unemployment situation, both USA Today and the New York Times reported that the jobless rate remains unchanged at 9.7% nationally, leaving room for hope that the economy is recovering. 36,000 jobs were lost in February, which is, by no means, a number to be excited about. Companies are expected to hire again in the upcoming spring and summer seasons. Both papers agree that the construction industry cut 64,000 jobs and are less likely to recover than other industries. USA Today and the New York Times were very factual in their presentation, exuding both, hope and reality, in an uncertain economy.

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