Marketplace Money Correspondent Addresses Economic Outlook

By KBJR News 1

Marketplace Money Correspondent Addresses Economic Outlook

March 8, 2013 Updated Mar 8, 2013 at 4:45 PM CST

Superior, WI (NNCNOW.com)-- The chief economic correspondent for a popular Public Radio program addressed the state of the American economy at the University of Wisconsin-Superior.

Chris Farrell reports on all things finance for Marketplace Money, a production of American Public Media.

He says right now, the American economy is at an inflection point--it's not booming or making huge strides, but it's going in the right direction.

At the University of Wisconsin-Superior Friday, Farrell wanted to stress that for a young person right now, a college degree is crucial for continued economic growth.

"A college education pays," said Farrell. " When you look at the job growth that has been going on, it's for college educated workers. When you look at the job projections, it's for college educated workers."

Nationwide, the unemployment rate ticked down to 7.7% percent in February and employers added 236,000 jobs.

Written for the web by: Zach Vavricka
zvavricka@kbjr.com