Time to Invest in For-Profit Education
Although the February employment report showed slightly better-than-expected job creation for the month at 227,000 vs. the consensus of 206,000, job creation slowed from January. Despite what will be considered good but not great job creation, underlying issues remain, and as I have found time and time again, addressing pain points makes for good investments, particularly for patient investors.
Aside from the official employment report from the Bureau of Labor Statistics, earlier this week we received ADP's take on private-sector job creation in February. That headline showed a net increase in new jobs month over month. Some quick analysis on ADP's findings, however, reveals that the number of jobs created in the first two months of 2012 fell compared to 2011. For the first two months of 2011, ADP's findings showed that 406,000 non-farm jobs were created, compared with 389,000 for the first two months of this year -- a contraction of more than 4%....616 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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