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More than 2.95 million jobs were created last year, according to the latest figures from the Department of Labor.
It's encouraging news as the U.S. tries to put the Great Recession and sluggish recovery solidly behind it. Many economists expect 2015 to be equally as strong, if not better, for job seekers.
The unemployment rate fell to 5.6%in December, down from 5.8% in November. That's also a big drop from the 6.7% rate in December 2013. It's expected to hit 5.2% -- around the normal level -- by the end of the year, according to CNNMoney's survey of economists.
More than 2.95 million jobs were created last year, according to the latest figures from the Department of Labor.
It's encouraging news as the U.S. tries to put the Great Recession and sluggish recovery solidly behind it. Many economists expect 2015 to be equally as strong, if not better, for job seekers.
The unemployment rate fell to 5.6%in December, down from 5.8% in November. That's also a big drop from the 6.7% rate in December 2013. It's expected to hit 5.2% -- around the normal level -- by the end of the year, according to CNNMoney's survey of economists.
And they will be revised heavily downward once the statistics are actually compiled. But the media will ignore it and you, especially, will ignore it.
It seems like they are revised up most of the time. November was revised up by over 30 000, and October nearly 20 000. That's 50K upward revision in two months. Why do you ignore it ?
It seems like they are revised up most of the time. November was revised up by over 30 000, and October nearly 20 000. That's 50K upward revision in two months. Why do you ignore it ?
I'm ignoring nothing.
Unlike you, who is ignoring that projections are made for politically favorable headlines, while revisions back to reality are ignored by the political media.
Unlike you, who is ignoring that projections are made for politically favorable headlines, while revisions back to reality are ignored by the political media.
You did not ignore it? Where are your comments about the Oct and Nov numbers beingrevised upby 50 000 jobs? It is not a projection, it is a revision. Can you show me where you brought it up?
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