The Hill News

For the first time in a while, President Obama is enjoying a pretty good week.

The jobs picture brightened slightly Friday, and though 200,000 new jobs still aren’t enough to keep pace with population growth and a healthy number of the unemployed have stopped looking for work, brighter beats darker any day. The full picture of forecasts for growth, particularly in the critical housing industry, remains worrisome and weak. But politically the metric for the public, and for Obama's political fortunes, is the unemployment number, and this month that number went down to 8.5 percent for the first time in three years. He can and will call it progress.

Read more...