GDP Growth Estimate Increases
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Jobs Growth Continues

The U.S. economy added 321,000 new jobs in november, extending the streak of positive jobs growth to fifty straight months.  So far in 2014, nonfarm employment has grown by 2.65 million jobs or 221,000 jobs per month.

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As they are studying for finals, students might like to know which subjects relate to industries that have recently experienced significant jobs growth.  For example, 86,000 jobs were added in professional and business services in November alone, while the previous 12 month average was 57,000 jobs per month. Digging further, there were 16,000 in accounting and bookkeeping alone. So any students struggling to find incentives to study for accounting exams need just consider the job prospects waiting for them.  Another career path to consider might be health care, which added 37,200 jobs in November.

Unfortunately, all this jobs growth did not reduce the unemployment rate, which remained steady at 5.8 percent.

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