Friday, December 5, 2014

US Economy Adds 321,000 Jobs In November


The private sector has added 10.9 million jobs over 57 straight months of job growth, extending the longest streak on record.

In the month of November, total nonfarm payroll employment rose by 321,000 in November, mainly reflecting a 314,000 increase in private employment—the third strongest month for private payrolls over the past 57 months. This puts the US on pace to be the strongest year for hiring since 1999.

Also, private-sector job growth was revised up for September and October by a combined 32,000, so that over the past three months, private-sector job growth has averaged 266,000 per month.

Private employment has risen by at least 200,000 for ten consecutive months, the first time that has happened since the 1990s.

In addition, the average workweek in the private sector rose to 34.6 hours in November, the highest since 2008.

Remember all this when Obama haters tell you "He made everything worse."

THE LONGEST STREAK OF POSITIVE JOB GROWTH  IN THE US ON RECORD.

(source)

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