Why America Is The World’s Economic Leader

Published Friday, February 2, 2024 at: 9:20 PM EST

The U.S. created 353,000 net new jobs in January, twice the number expected by Wall Street and far exceeding the 255,000 averaged monthly in the 12 months through January. Since the pandemic forced a partial shutdown of the economy in February and March, when the economy lost more than 20 million jobs, new-job creation has repeatedly surpassed expectations and unemployment for the past two years has hovered at a 50-year low.  In addition to much stronger than expected job creation in January, the federal government revised job gains in December upward from 216,000 to 333,000, dispelling any notion that the job...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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