Do the latest jobs numbers show the economy is healing or hurting? Depends who you ask.
The Labor Department says 120,000 jobs were added in March. The unemployment rate dropped slightly to 8.2% from 8.3%.
President Obama says this is evidence that things are moving in the right direction, even though "it’s clear to every American that there will still be ups and downs along the way, and that we’ve still got a lot to do."
Mitt Romney, the Republican nominee-to-be-probably, is less optimistic, declaring that "this is a weak and very troubling jobs report that shows the employment market remains stagnant."
So what's the truth? Well, a little of both.
The jobs market isn't doing very well, and the relatively meager number of new jobs being added monthly won't do much to bring down the unemployment rate to a more tolerable level.