Jobs Report Hints Economy Erasing Recession Losses

Ernest “Ernie” Cecilia, chief investment officer of Bryn Mawr Trust Co., said the report was a good one. “My bigger concern was that it was going to be a weak report,” Cecilia said. “Everything had been held up because of the winter. Now, it’s the time to show that [weak conditions] really were temporary. The markets gave the economy a pass during the winter months.”

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