"This bill represents exactly the kind of bipartisan action we should be taking in Washington to help our economy," said President Obama before signing the Jumpstart Our Business Startups (JOBS) Act into law.
It was a rare bipartisan moment in Washington. Just look at this picture:
The Democratic president is flanked by Majority Leader Rep. Eric Cantor, a Republican from Virginia and Eleanor Holmes Norton, a Democratic delegate from the District of Columbia.
The monthly employment report Friday could help answer a key question about the economy: Will the recently strong job growth slow once employers finish replacing the people they fired during the depths of the recession?
Jobs at U.S. businesses increased by 209,000 in March, according to a report released Wednesday by the payroll processing firm ADP. That's in line with expectations for the monthly jobs report due out Friday.
Analysts expect Friday's official employment report from the Labor Department to show that employers added 215,000 in March and that the unemployment rate remained at 8.3 percent, according to Bloomberg News.
On the plus side, the ADP National Employment Report issued this morning estimates there were 209,000 jobs added to private employers' payrolls in March. And ADP's data often are something of a predictor for what the Bureau of Labor Statistics will have to say when it issues its monthly numbers. Those March figures are due on Friday at 8:30 a.m. ET.