Faculty News

Prof. Joseph Foudy on the number of new jobs needed to sustain economic growth

Excerpt from Reuters -- "'I think the estimate for Friday is about 160,000 jobs. You know, 100,000, 150,000 people enter the workforce every month so just treading water means that we have to hit those kind of numbers. For sustained improvement, we really need a quarter of a million jobs a month and we need that for a few years. And we are just waiting to see when the economy is strong enough to start producing those kind of numbers.'"

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