Transcript for Jobs Added for Third Month Straight
The big jolt on jobs announced this morning we learned today. That in the month of February employers added 227000. Jobs beating the expert predictions the third straight month of gains. So we ask... See More
The big jolt on jobs announced this morning we learned today. That in the month of February employers added 227000. Jobs beating the expert predictions the third straight month of gains. So we ask ABC's Dan Harris to tell us more about America's economic vital signs tonight. In recent years Americans have viewed the economy with a collective agreements much like the guy from the classic game operation. So if we think of this guy is the American economy let's check up. Starting with the brain the -- After those three months of solid jobs reports like today's consumer confidence has really improved for the first time in four years. Half of Americans saying their personal finances are good. But a growing -- saying -- -- hearing about jobs. They could possibly get. There's even this we also saw people quit more often you quit her job was to got a -- That confidence means Americans are more likely to buy stuff which is leading to what they call in operation writer's cramp as we signed more checks. And it's white more cards. Analysts seeing an -- -- are spending on everything from cars stick kitchen appliances to spring clothing. What is changing -- according to today's report people back on their feet half a million Americans who had given up altogether looking for a job now back in the hunt. To you with a really positive sign that people are coming off the sidelines -- saying I'm gonna look -- Exactly because it's -- and not seen and let's not forget the heart because just last year like today we had three consecutive months of strong growth. And then the Japanese -- and high gas prices stalled us out. Tonight there is true optimism that our patient is healing but in this fragile frustrating recovery. We had our heart broken before. Dan Harris ABC news New York.
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