How Are American Jobs Doing?

Just fine, some might even say very well. Below is from The Atlantic Daily Newsletter,

American Jobs: The Labor Department announced today that the U.S. economy added 161,000 jobs in October. It’s a modest but respectable gain that continues a pattern of slow-and-steady economic improvement—and in fact, it sets a record at 73 consecutive months of jobs growth, adding up to 11 million jobs created during Obama’s presidency. With numbers like that, why is Obama’s economic record so underrated—and why are so many Americans still dissatisfied and struggling? There are many factors, but to hear some economists tell it, our focus on growth might be setting the wrong priorities.

Even with a focus on growth, our overall economic welfare is doing just fine.

#Jobs #EconomicGrowth