Friday, January 8, 2016
U.S. Adds 292,000 New Jobs In December
Good news in newly released jobs report from the Bureau of Labor Statistics this morning:
• American employers added 292,000 jobs in December beating 200,000 estimate
• Unemployment remains at 5% for third straight month
• October and November reports were revised up to include additional 50,000 jobs
• 2015 saw 2.65 million new jobs in the U.S., averaging 221,000 a month. That marks the second-best year for hiring since 1999 (2014 still best with 3.2 million jobs)
• Housing market looking strong with new homes sales up 15% in 2015
• Auto sales hit record high in 2015
• An economist at IHS estimates American household saved an average of $722 in 2015 thanks to lower gas prices
Keep in mind, Donald Trump and other Repubs will tell you we're going in "the wrong direction..."
#Forward.
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