On the Road to Full Employment

The Lehmann Letter (SM)

This morning’s report from the Bureau of Labor Statistics reported employment growth of 321,000 in November:

http://stats.bls.gov/news.release/empsit.b.htm

It also reported monthly job gains that averaged over 250,000 in the latest quarter-year.

The economy can reach full employment at that rate.

(To be fully informed visit http://www.beyourowneconomist.com/)

© 2014 Michael B. Lehmann

 

  • Doug Brown

    It must be a refreshing change of pace (after the past 6 plus years) to be able to report and comment on good news. Let’s hope it continues.

    • http://blog.beyourowneconimist.com/ Mike Lehman

      Yes indeed!

      It’s been a long haul.

      If new jobs keep growing at this pace, we’ll get there.