Job Report Suggest Text Book Recovery | Fee-Only Financial Planners Long Island

Job Report Suggest Text Book Recovery

Alexandra Zendrian

Forbes: What did you make of the latest jobs report? How do you think the market’s going to or has already reacted to it?

Ron Roge (R.W. Roge & Co. CEO): This is short-term data that will most likely be revised next month. I would not pay much attention to it. I find it amusing that even though the official rate remained unchanged at 9.7%, jobs were created in Washington, D.C., which means the government is expanding. That’s not good for the long-term economic recovery.

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