For those who care about reality, about our quality of life and our economy, the Labor Department's BLS employment situation summary for last month (November) was released a few days ago. Some highlights:
* The economy added 155,000 new jobs.
* The number of long-term unemployed persons dropped by 120,000.
* The unemployment rate remained at the 3.7%, one of the lowest rates in decades.
* 27,000 new manufacturing jobs were created.
* Average hourly wages rose by 6 cents, which equals an extra $9 per month--keep in mind that we're talking about a one-month increase. Over the last year, wages have risen by 3.1%, 81 cents per hour, for an increase of about $140 per month.
Here's the full report: https://www.bls.gov/news.release/pdf/empsit.pdf
* The economy added 155,000 new jobs.
* The number of long-term unemployed persons dropped by 120,000.
* The unemployment rate remained at the 3.7%, one of the lowest rates in decades.
* 27,000 new manufacturing jobs were created.
* Average hourly wages rose by 6 cents, which equals an extra $9 per month--keep in mind that we're talking about a one-month increase. Over the last year, wages have risen by 3.1%, 81 cents per hour, for an increase of about $140 per month.
Here's the full report: https://www.bls.gov/news.release/pdf/empsit.pdf