According to media outlets, the private sector added 179,000 jobs during the month of April. The results are a mixed bag. While jobs are still being created, some analysts are saying that the job growth in April was down from the previous month. In March 2011, more than 200,000 jobs were created. Since job growth dipped from one month to the next, is this considered a failure? Or should we continue to stay optimistic?
Members of the Air Conditioning Contractors of America are optimistic. The association releases a monthly Contractor Comfort Index, which surveys the economic attitudes of ACCA contractors. For the month of April, the index was 69. Any number above 50 in the index indicates that contractors are expecting short-term growth. Also, the Contractor Comfort Index for April last year was 64, so contractors are a bit more optimistic than they were in 2010.
But what about you? With the private sector continuing to add jobs, even if it dips from one month to the next, are you starting to feel good about economic growth? Also, are you one of those companies that added jobs over the last few months? Let us know. We’d love to see if our readers are helping to keep the economy going.
Private sector adds 179,000 jobs in April
James J Siegel is the associate editor of SNIPS magazine. He has been with the magazine for eight years and is based in San Francisco.