Video: Jared Bernstein Discusses the January Employment Report with Chad Stone
Jared Bernstein, Senior Fellow, and Chad Stone, Chief Economist, discuss what the encouraging January employment report indicates about job creation and economic growth.
Chad Stone: “We’re smiling and the markets are smiling and this is actually a good jobs report. It’s one of the few good jobs reports we’ve had in this recovery. We had 240,000 jobs on private and government payrolls combined. 257,000 jobs in the private sector. 23 straight months of private sector job creation. Another two years of that, we’ll have erased the hole that got created by the Great Recession.”