Ok it's the day after the Manningham sideline catch leading up to the Giants game winning touchdown. Sure, that was spectacular but not as spectacular as the 243,000 jobs the economy added last month, but is the economic war over. Not hardly. That does not suggest, by any means, that adding 243,000 new jobs is not significant. On the other hand the big question -- is this more statistics or is this latest economic rebound a real rebound or a one trick pony? Who knows, we'll have to see some repetition of these kinds of hiring numbers for it to sink in as the long awaited economic turnaround.
Clearly, there are still some that have been left out in the cold despite the good news about increased hiring. Teenagers, African Americans and Hispanics with 23.2%, 13.6%, and 10.5% unemployment rates, respectively, are still having a bad day, so to speak, with getting back onto the field of gainful employment. What makes finding a job for these three groups so much more difficult than other groups? After all, the USA is the most diverse nation around with numerous ethnic backgrounds and ethnicities. It makes one kind of wonder if such high unemployment numbers are indicative of something systemic. Who knows? It does raise compelling questions though. Maybe not so much for teenagers, since teenagers don't necessarily have to work given they are still supported by their parents. Of course, it sure helps to work and earn money for that IPod, prom dress, smartphone, or date with "girl next door" but again teenagers can still fall back on their parents. The same cannot be said about African Americans and Hispanics who seem disproportionally affected by economic conditions. This should be alarming for both of these groups since without either the stability of the USA economy is a sure disaster - big time and long term.
So sure, it's great to know the economy is doing something positive for a change. On the other hand, a one-month surge is a far cry from the economic war being over. Now, if this pace of 200,000 plus new jobs continues for say six months or so, then it might be time put the Bear to rest for a bit and usher in the Bull. For now, we'll just hang onto the optimism based on the current economic growth. Maybe this means the economic war is over soon. 
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