Gary Pierpont Blog

Job Growth Reaches Highest Level In 2 Years

December 8, 2014 by garypierpontblog

According to recent data, U.S. job growth made significant strides in November. Last month, 321,000 jobs were created, reaching the highest level since January, 2012.  Retail, health care, business services, and manufacturing lead the nation in job creation. Doug Duncan, the chief economist for Fannie Mae said, “today’s jobs report was positive in all aspects: November hiring was the strongest since January 2012 with sizable upward revisions for the prior two months, average hourly earnings posted the biggest jump since June 2013, and average hours worked was the longest since May 2008.” More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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