Best Year for Jobs Since 1999
Bob Wenzel explains . . .
Yet another reason to keep in mind that the Fed creates a
Boom-Bust cycle. It's not only a bust. There is also a distorted boom phase,
which is ongoing at present.
The U.S. economy added 252,000 jobs in December, the Bureau of Labor Statistics said Friday. That’s the 11th month in a row that job growth topped 200,000, the first time that has happened since the mid-1990s. For the full year, employers added nearly 3 million jobs, making it the best year since 1999.
The U.S. economy added 252,000 jobs in December, the Bureau of Labor Statistics said Friday. That’s the 11th month in a row that job growth topped 200,000, the first time that has happened since the mid-1990s. For the full year, employers added nearly 3 million jobs, making it the best year since 1999.
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