Things Are Getting Better {02.10.2015}

The US economy is  creating jobs at a rate not seen in years.  According to Bloomberg News:*

"{The} 257,000 January increase in employment capped the biggest three-month advance in 17 years and delivered the strongest wage gain since 2008, figures from the Labor Department showed Friday in Washington. The unemployment rate rose to 5.7 percent from 5.6 percent as the prospect of finding work lured hundreds of thousands into the labor force."

Bloomberg also notes in the same article that the US economy has added a million jobs since November. 

A big factor is the return of the Millennial generation to the work force.  The chart below is published via Business Insider.  They note that "younger workers are the middle-age, household forming, tax- paying, consuming family heads of tomorrow".   

This is a huge economic development ff this generation is truly now getting a firm toe-hold into the working world.  {It is also a relief to a father of three such millennials, one already in the work force and another about to look for employment this spring.} It represents a significant economic tailwind in the outlying years, one that is supportive of both economic growth and a foundation for market advancement in the years ahead.

*Link:  Bloomberg News:  Job Report Crushes It.