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Washington Post: U.S. Economy Added 211,000 Jobs in November
Checkers and Rally's have reported signs that the labor market is beginning to tighten.
November’s job hiring continued to show signs of a strong economy and an indication that the Federal Reserve will raise interest rates later this month. This month, 211,000 new jobs were added, and unemployment held at five percent, according to the Washington Post, which has led to a tighter pool of job candidates.
“When the pool shrinks, it makes it harder,” Jennifer Durham, Senior Vice President, Chief Development Officer of Checkers and Rally’s, told the Washington Post. “I think minimum wages are increasing, and we’re going to have to adapt to accommodate that.”
The jobs data from November will play into the Fed’s December 15-16 policy meeting where economists anticipate that Fed Chair Janet Yellen will announce a rate hike.
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About the Author
Brian Jaeger
FollowBrian Jaeger is a Vice President of Media Relations at No Limit Agency. Brian joined No Limit Agency after seven years working for local television news stations in Florida, four years at WCJB in Gainesville and three years at Bay News 9, the 24-hour local news station in the Tampa Bay area. Brian is a graduate of the University of Florida, where he studied journalism and telecommunications. He brings a journalist’s viewpoint to the public relations field, and when he’s not busy telling the stories of No Limit Agency's brands, you can find him writing, on a karaoke stage, or cheering on the Gators.
