glen hubbard, how do you see, what do you see when you look inside these numbers? >> well, i would agree with that. i think if you strip aside the special weather factors, it was probably private sector job growth on the order of $75,000. the recession is almost surely over. i think the employment reports will continue to show job creation. but laura is absolutely right. you have to create 100 to 150,000 jobs a month to stay even. so the unemployment rate will stay high for the balance of this year. >> glen hubbard, take us inside the numbers. i mean what is encouraging, what is not so encouraging whether it is manufacturing, the service sector. >> well, i think this report is broadly encouraging because we are seeing a turn around in private sector employment. that is something i think many economists have been looking for for the past few months as a key indicator of the recession being over. having said that, gdp growth is doing much better than the economy's job growth. and so unless gdp growth picks up a great deal this will be a pretty modest year in the labo