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Jobs data show US economy cruising at impressive clip

F-22Raptor

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The U.S. economy has been gaining momentum this year. After being stuck in a 2-percent rut since the beginning of this decade, real GDP growth has recorded back-to-back quarters above 3 percent and is on pace to meet or exceed that mark again in the current period.

Thus, it should not be especially surprising that the labor market remains solid, as the demand for workers continues to be robust. In November, firms added 228,000 to their payrolls, a result that is noticeably better than economists had expected.

http://thehill.com/opinion/finance/363981-jobs-data-show-us-economy-cruising-at-impressive-clip
 
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