A strong jobs report for April is further indication that the economy continues to recover. Some 244,000 private sector jobs were added last month, making it the third month in a row with significant job gains, and the biggest monthly gain in 5 years.
Economists were quick to point out that other indicators were still weak, and that gas prices were causing a drag on the overall economy. However, the decline in oil prices below $100/barrel caused some to predict that oil prices may have peaked in reaction to a drop off in demand. May the good economic news continue.
