Data Point: Job data soars – last quarter revised upward as well.

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It is going to be really hard for the Democrats to run against the Trump campaign if they are limited to actual data:

U.S. Jobs Report Breaks Expectations, Unemployment at 50-Year Low

The U.S. Labor Department’s jobs report released on Friday showed accelerated hiring and unemployment at a 50-year low.

Employers added 266,000 jobs for the month of November, surging past expected gains and continuing growth from October, which saw 156,000 new hires.

The unemployment rate fell to 3.5%, the same as in September of this year and matching the lowest rate since 1969, according to the Labor Department’s report.

“It’s a significant surprise because economists were ready to go with the idea that payroll growth was slowing down because the job market had gotten tight,” Stephen Stanley, chief economist for broker-dealer Amherst Pierpont, told Bloomberg. “The whole tenor has changed in terms of job growth. We’re back at steady-as-she-goes at a robust pace.”

Last month’s number was revised 156,000 upward as well.

(H/T: National Review, Bloomberg)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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