What is in this article?:
- A strong farm income is responsible for much of rural America's strength.
- Strong farm income means more rural sales activity.
- Challenges remain for rural America as state and local government funds are stretched.
All about jobs
The economic recovery is all about jobs, Henderson said, and employment looks better in rural areas.
The good news? The U.S. added 150,000 jobs in October. “The private sector is beginning to add jobs.” Those 150,000 new jobs include 159,000 from the private sector, offset by a loss of 7,000 to 8,000 from government. “Summer job numbers were skewed by census workers.”
Recent reports also indicate wages are up slightly and that the work week is slightly longer.
“The unemployment rate in rural America remains below urban areas. Rural America is leading job growth. Goods production is strong in rural areas, weak in urban. Service jobs are also better in rural areas.”