US adds a whooping 321,000 new jobs in November alone!

The United States is no doubt outshining other struggling economies in the world, developed, developing or emerging. The US Labor Department announced Friday that 321000 jobs were added in November, the highest in nearly three years.

Photo: Business Insider

According to the department, new jobs were added to the country’s pool at the average of 241,000 per month this year, holding unemployment rate at 5.8%.

Even though the huge job gains have not yet significantly lifted the pay cheques of Americans, it would help boost growth in the coming months.

The surge was witnessed mostly in trade and the health care sector.
 
What do you say? Sign of a working economic system, isnt it? More reason to compare "some presidents" with Barack Obama. See here...