This morning, the BLS released the Employment Situation report for October and the news is very good. The unemployment rate is now back to 5.8% for the first time since July 2008.
In addition, there were 214,000 new jobs added in October. The economy has added more thatn 200,000 jobs per month for nine straight months now. In 2014, we are averaging 229,000 new jobs per month. That is real recovery.