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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140407

Of true detective. We have hit a milestone in the economy. American companies have shaken off the great recession. Fridays jobs report shows the number of private sector jobs is now higher than the pretty recession peak. The prerecession peak. Mike mckee is joining me, we should be celebrating . The 192,000 jobs we got friday put us 110,000 over recession peak for private sector employment. In january 2008, it has taken us this long and recover. It is only a partial celebration. The economy would have kept growing had we not had the recession and there would be even more jobs. Sequester, the government has been cutting jobs or keeping them at an even pace. Who in the private sector is hiring . Exactly where you would think. The story of the recession so far has been mining and logging. Mining has jumped for 21 . North dakota and those places where they are exploring for oil. Education and Health Care Services hired throughout the recession. Professional services, this is interesting. A

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