New jobs and unemployment figures came out today, which on their face depict an economy that looks better than many pessimists had anticipated. Understandably, they are being greeted as welcome news from a public desperate for job growth and economic recovery, and an end to the hardship, pain and misery that so many Americans have experienced over the last few years. But while I am all for good news, a couple of hard truths must be told as these numbers are scrutinized today.
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