The latest Jobs Reports are showing that another 200,000 Plus Jobs Were Added In December. Granted a number of those jobs were probably seasonal jobs, but there were still many that were not. Jobs are what our economy needs to get us out of the down economic market that we have been in for a while now.
An encouraging note about the jobs that were added was that they did not appear to be related to local, state, or national government. These additional jobs are being credited by the private sector, and that is where the jobs need to come from if we are going to have real growth. The biggest increase in jobs were in the construction industry, which showed a 17% increase.
Alan Krueger, chairman of the Council of Economic Advisers, in response to the latest figures said that the “employment report provides further evidence that the economy is continuing to heal from the worst economic downturn since the Great Depression.”
It is still too early to proclaim that we have turned the corner and are on our way back, but if the Jobs Report numbers continue on this positive trend, I think that we will start to see more and more jump onto the recovery bandwagon.
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