|The Path Back to Full Employment|
January 4, 2012
The Bureau of Labor Statistics' establishment survey showed the economy adding 155,000 jobs in December. This is virtually identical to the 151,000 average over the last three months and the 154,000 average over the last year. This pace of job growth is consistent with a declining unemployment rate, but will not return us to full employment until the next decade.
For more, check out the latest Jobs Byte.