General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums60 months of job growth and 12 million jobs -
...Employers added 295,000 nonfarm jobs last month, topping consensus forecasts of 235,000, the U.S. Labor Department said Friday. The nation's unemployment rate fell to 5.5 percent, from 5.7 percent, although the decline was largely because fewer people looked for a job, which means they weren't counted in the government's official jobless figure.
Still, the job market has sizzled of late, with hiring in the fall surging to its highest level since the late 1990s. Payroll gains over the last year have averaged 266,000 per month, while for all of 2014 the economy added nearly 3 million jobs, the most since 1999.
The main drivers of that surge: Mounting consumer confidence, falling gas prices, healthy corporate profits and a rebound in hiring by small business, which account for the lion's share of job-creation... http://www.cbsnews.com/news/employment-report-u-s-added-295k-jobs-in-february/
Beats the near-Depression we had at the beginning of Obama's term...
BlueCaliDem
(15,438 posts)Fred Sanders
(23,946 posts)mcar
(42,439 posts)Good news is soooo boring.
SidDithers
(44,228 posts)Sid
Rex
(65,616 posts)In before the cheapshot is made at liberals...oh wait...
randome
(34,845 posts)Everyone knows that!
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