Friday, January 6, 2012

US Adds 200,000 Jobs!

The US Labor Department reported today that 200,000 jobs were added to the economy in December. This is positive news on the heals of other good economic reports in December like increase consumer confidence and positive manufacturing numbers. This is the sixth strait month of 100,000 plus job growth. Any positive news is good but to bring this back to earth the US would have to triple or quadruple these types of numbers monthly to quickly restore pre-recession type unemployment numbers, but in a economic period of very little positives it is nice to see.




For a more in depth look at the jobs report CLICK HERE
To register for Dr. Peter Lineman's upcoming economic update CLICK HERE     

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