And in our last look at the economy for today, we have this news:
Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000.
Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 jobs in professional and business services.
The Democratic Socialist Party’s response to this fantastic news has been predictable:
Because socialists have a problem recruiting happy people with jobs to The Cause; they can only practice their politics of envy with a willing base of unemployed, surly proles to support them. And well-to-do liberals who are protected from the results of socialism by their wealth.
In the meantime, America’s getting on with it:
“The job market is holding firm, as businesses work hard to fill open positions,” says Mark Zandi, chief economist at Moody’s Analytics.