General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEconomy Has Best Stretch Since 1997
U.S. employers added 257,000 jobs in January, capping off the best three months of consecutive employment growth in 17 years. Decembers job gains were revised up to 329,000 and November to a whopping 423,000. According to the Bureau of Labor Statistics report Friday, the unemployment rate rose to 5.7 percent as more people started looking for work again. Best of all, average hourly earnings went up by 0.5 percent in one month, the most since November 2008.
Read it at Bloomberg
###
http://www.thedailybeast.com/cheats/2015/02/06/257k-new-jobs-added-in-january.html
GusBob
(7,286 posts)tridim
(45,358 posts)stillwaiting
(3,795 posts)Main Street Economy still hasn't recovered.
We must provide clear distinctions between the two Economies because this separation DOES exist, and our failure to recognize that within the Democratic Party allows many to believe we are full of shit. When, in fact, the only way we will begin to rebuild the working, middle, and poverty classes comes from within the Democratic Party.
So, I say we begin to always be very clear about which Economy we are talking about. The economic well-being of most Americans simply has not recovered. The economic well-being of the 1% and the multinational corporations has never been better.