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Why A Slower Pace Of Job Gains May Mean A Stronger Economy

Wednesday, January 11, 2017 18:46
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(Before It's News)

by Gene D. Balas

The Bureau of Labor Statistics reported 156,000 new jobs were created in December. This continued a trend of lower job gains since June 2016 and was a bit below expectations. Additionally, this followed the ADP payroll report in which we see private employers added 153,000 jobs in December, below expectations of about 168,000 and a notably lower than the 215,000 new jobs added in November. Should investors treat this as a sign that the economy might be slowing?

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