Lisa Lynch Discusses February Jobs Report

Jobs report: On the March 9 PBS NewsHour Brandeis Dean and LERA president-elect Lisa Lynch discussed the February jobs report with reporter Ray Suarez and Mesirow Financial's Diane Swonk. Lynch was cautiously optimistic: "... it is important to start doing a little bit of addition and looking at what we're seeing on the employment front, having three very strong months of robust job growth, well beyond the number of jobs we need to keep pace with the growth of the population, on top of 17 months overall of adding jobs every month to the economy. Seeing the unemployment rate coming down, even as more people are entering if into the labor market, seeing wages increasing, seeing temporary help go up, seeing hours of work go up, all of that added together on top of decreasing unemployment insurance claims data, really suggest that we have turned a significant corner with regards to improvement in the labor market. ..."