The December 2015 jobs report exceeded everyone’s expectations, despite the slowdown in economic growth for the third and fourth quarter.
The Growth Was Substantial
According to CNBC, economists were projecting that approximately 200,000 new jobs would be added to the U.S. economy in December 2015. If that projection was met, then it would mean significant job growth in the fourth quarter for the past two consecutive years. That is a feat that the economy has not seen in a long time.