Private Sector Job Growth Accelerates

Some studies shows that labor market is working its way toward healing, especially in the private sectors. As we know, the demand and supply of labor is a important indicator of the health of economy. If the demand of labor is increasing, it shows business and investment are expanding. According to the senior economist at ITG Investment Research in New York, "after slowing in the late spring and early summer, is back firmly at its 2 (percent) to 2.5 percent growth rate" He believe that this number indicate that economic growth is accelerating. However, some people express worries on the optimism on jobs. Because the weak labor marker still remains one of the biggest problem for the economic recovery.

Source: http://www.nytimes.com/reuters/2011/11/30/business/business-us-usa-economy.html?ref=economy