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April’s job numbers brought plenty of good news, further solidifying the sustainability of the recovery. Total employment grew by 1.3 million jobs on a year-over-year basis or 1.1%, with three particularly encouraging trends: First, private sector jobs totaled 1.8 million with net new jobs dragged down by government losses. Second, the pace of growth in the last three months placed the annualized expansion rate to 2.8 million jobs or 2.1%. Last, but not least, temporary employment growth is slowing while full-time job growth is picking up. In 2010, 30% of net new jobs were temporary. So far this year, only 6% of net new jobs have been temporary, signaling the need and willingness by companies to shift to long-term workers. 

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