|I've heard of bad apples--but sad ones?|
Deanna Hartley writes in CareerBuilder about the latest report--December. First, she says, it was a strong close to 2015--with 292,000 jobs added in December. Economists predicted 200,000, so this is way more than expected. Unemployment, as they measure it, stayed at 5%.
Hartley also says the previous months were revised up by a total of 50,000 jobs.
But--wages are still no where near where they should be, she says. She quotes the NYT as saying sluggish wage growth remains a persistent thorn--they were also flat in December.
Throw in the shaky stock market and talk of another recession, and how much of this "job growth" is real?
I honestly do not know. But, still--all you need is one!