US employment: 215,000 jobs added in December

January 7, 2013

For the White House, the continued growth in employment is a sign of a recovery moving forward: “The economy has now added private-sector jobs for 34 straight months, and a total of 5.8 million jobs have been added over that period,” Alan Krueger, the head of the White House Council of Economic Advisers, said of the jobs numbers in his White House blog. For others, however, the status-quo numbers underscore the long road that’s still ahead: “The jobs deficit — the number of jobs lost since the recession officially began five years ago plus the number of jobs we should have added just to keep up with the normal growth in the potential labor force — remains nearly 9 million. At December’s growth rate the labor market will not fill in that gap until the end of 2021,” Heidi Shierholz, an economist with the liberal Economic Policy Institute, said in a statement Friday.

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