Economy added 234,000 jobs in January
Not bad, but not the standard we should be striving for.
By Dan Calabrese —— Bio and Archives--February 1, 2018
American Politics, News | Comments | Back To Full Article
It's better than replacement level, which means it keeps up with population growth and then some. But a truly booming economy would be topping 300,000 or even 400,000 new jobs a month given the size of the population and of the workforce as presently constiuted.
One of the reasons it might be hard to create many jobs right now is that unemployment is low so it's hard to fill good paying jobs. Changing that will require a lot of people who left the work force over the course of the past decade to come back into it. Tax reform should create a lot of openings for that to happen, so maybe we'll see them trickling back in over the course of 2018.Welcome to CFP’s Comment Section!
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