This is a preview. View original post on this site
The U.S. economy continued to add payroll jobs at a very healthy pace last month. The data that was released today was actually quite boring, showing that about 227k jobs were created in November, which was basically in line with expectations from Wall Street analysts. This steady report proves the rather dismal October jobs report was therefore due to the disruptions of two hurricanes and the Boeing strikes; a blip rather than the new normal.
Though October turned out to be a blip, that doesn’t mean there’s nothing to worry about in the labor market. There are