The government also revised up its estimates for job gains in October and November, revealing employers added more than 50,000 jobs than previously thought. November was already the best month of the year for job gains.
“American businesses are on a hiring binge,” said Sal Guatieri, senior economist at BMO Capital Markets. “It clearly suggests the economy is on a much stronger growth track than the first four years of the recovery.”
But there are still some red flags for American workers.
–
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.
Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.
Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
