Originally posted by marshallsig:
Hey dterd, where are all those shovel ready job we were promised?
ARE YOU LIKE, JUST A PARROT?
HERE'S AN IDEA - READ A NEWSPAPER. YOU CAN ADD ANOTHER 300K OR SO JOBS TO THESE
TREMENDOUS FIGURES - WHICH ARE THE BEST SINCE THE LAST DEM PRESIDENT.
Ever
since the recovery from the Great Recession began more than five years
ago, the most crucial missing pieces of the economic puzzle were the
lack of consistently strong gains in hiring and better wages for most
working Americans struggling to make ends meet. Now, at last, those
pieces are starting to fall into place.
The Labor Department reported on Friday that
employers added 321,000 jobs in November, a much stronger number than economists had predicted and the 10th consecutive month of net job gains above 200,000.
Even
more significant was that the improving job market finally delivered a
sharp jump in average hourly earnings for ordinary workers that was
double the anticipated 0.2 percent increase.
The jobless rate itself stayed at 5.8 percent.
The pickup in wage growth comes as
gasoline prices are plunging, providing a double boon for consumers and retailers with the holiday shopping season underway.
Continue reading the main story
With
one month still to go, the total increase in payrolls of 2.65 million
is already the best annual figure since the late 1990s.
http://www.nytimes.com/2014/12/06/business/economy/november-jobs-unemployment-figures.html?_r=0