Nice jobs report on Friday. Let’s hope we get twenty or thirty more.
One good sign is that the broad U-6 measure of underemployment continues to fall. It peaked at 17.4% in October 2009 and was still as high as 17.0% last November.
In February it was down to 15.9%:
(As you may recall, the U-6 measures includes the officially unemployed, marginally attached workers, and those who are working part-time but want full-time work.)