Could December be the month for some unexpected job growth? After November’s BLS numbers hitting a -11,000 jobs lost and two previous periods revised upwards, optimism for the next month is certainly high. WANTED Analytics thinks that there will be over 75,000 jobs added when the employment report comes out Friday.
The reasons? Fewer unemployment insurance claims, growing hiring demand and milestones in employment gains. With the ADP numbers now out, even Real Time Economics is teetering on the idea that December may be a moment for positive job growth, since there is always a certain gap between the employment growth numbers of ADP and BLS. How nice it would be to bring the in the new year with some positive employment growth!