(WSJ) Economy on Track to Record Strongest Year of Job Creation in 15 Years

The U.S. economy is on track for its strongest year of job creation since 1999, as employers last month ramped up hiring and wage growth posted a small””but potentially significant””pickup.

Nonfarm payrolls rose a seasonally adjusted 321,000 in November, the strongest month of hiring since January 2012, the Labor Department said Friday. Hiring was broad across industries, led by gains in the professional and business-services sector.

“The economy may not yet be a big mean jobs machine but it is just about there,” Joel Naroff, president and chief economist at Naroff Economic Advisors Inc., said in a note to clients.

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Posted in * Economics, Politics, Anthropology, Consumer/consumer spending, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government, Theology