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America&39;s economy

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英语文章,time,时代,economist,经济学人

America's economy

Morning in America?

IT HAS been no easy road getting here, and the path ahead looks rocky, but a real recovery seems to be developing for America's long-suffering workers. This morning, the Bureau of Labour Statistics on American employment, which showed a third consecutive month of robust job growth. Where previous reports contained a hint of weakness here or there, the fundamentals of this report look almost uniformly strong.

Payroll employment rose by 227,000 jobs in February. That marked a third consecutive month with job growth over 200,000, and it capped a 12-month period in which employment jumped by just over 2m—the best performance since January of 2007. Private-sector employment did even better. Private businesses have added over 750,000 jobs in just the last three months and 2.2m in the past year. February's report may actually be better than it looks. The latest release revised up job gains over the previous two months by 61,000, a common occurrence of late.

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