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Excerpted from “March jobs jump could lift Obama” By EAMON JAVERS, Politico, 4/1/10 5:10 PM EDT
[SIZE="+2"]T[/SIZE]he Obama administration’s spring offensive may gain further momentum Friday morning with a monthly jobs report that many economists believe could be the beginning of a sustained string of employment gains.
A positive report is far from a certainty — the numbers are notoriously hard to predict. But administration officials are keenly aware that serious signs of job growth, coupled with a surge on Wall Street in recent weeks, could dramatically change the political equation on the economy, where a nearly constant string of bad jobs numbers has helped undermine public confidence that President Barack Obama’s economic agenda is working and emboldened his Republican critics. …
Will the March jobs report be up or down?