US job figures disappoint?

That's the headline. The question mark is mine.

The keenly awaited jobs figures have been released in the US and experts are disappointed.

Unemployment has dropped just below nine percent, and more than 190 thousand new jobs were created.

Government employee numbers dropped because of cutbacks but hiring in manufacturing, health care, construction and transportation numbers increased.

Experts say the 8.9% unemployment rate is still too high to consider the US economic recovery strong.

They say around 250,000 new jobs were needed at this time.

It is disappointing for those unemployed at this time but the really good news is the rebalancing.

There is the essential movement out of the public sector and into the private. Any recovery without that is artificial. It is the private sector that provides the jobs that create wealth directly or indirectly.