Economic Strength Continued

I wrote recently that "[t]he economy seems to be pulling back a little", but the latest jobs data contradicts my belief:

The latest employment report marks 24 straight months of positive job creation in the U.S. economy – more than 3 million jobs’ worth of good news. [...]

According to the Bureau of Labor Statistics May 6, 2005, report, about 3.3 million jobs have been created in the past two years. The latest numbers showed 274,000 new jobs were created in April and the report also added 93,000 jobs to previous totals. Unemployment also held steady at the low figure of 5.2 percent.

Not bad!