Did anyone catch the news that in December the economy added 312,000 new jobs? Here's the Department of Labor's employment situation summary for December:
Employment Situation Summary
The report also notes the following:
* 32,000 new manufacturing jobs were created last month, and 284,000 new manufacturing jobs were created in 2018. That was the biggest increase since 1995 (Job gains for the manufacturing industry in the last 12 months are the most since 1995).
* The number of long-term unemployed people dropped by 205,000 in 2018.
* The number of people employed part-time for economic reasons dropped by 329,000 in 2018.
* 142,000 people voluntarily left their jobs to look for better jobs. This indicates that these workers believed they had a good chance of finding a better job, which would not be the case if they did not believe the economy was doing better than before.
* The number of "discouraged workers" dropped by 99,000 in 2018.
Employment Situation Summary
The report also notes the following:
* 32,000 new manufacturing jobs were created last month, and 284,000 new manufacturing jobs were created in 2018. That was the biggest increase since 1995 (Job gains for the manufacturing industry in the last 12 months are the most since 1995).
* The number of long-term unemployed people dropped by 205,000 in 2018.
* The number of people employed part-time for economic reasons dropped by 329,000 in 2018.
* 142,000 people voluntarily left their jobs to look for better jobs. This indicates that these workers believed they had a good chance of finding a better job, which would not be the case if they did not believe the economy was doing better than before.
* The number of "discouraged workers" dropped by 99,000 in 2018.
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