A stronger global economy is helping boost the US job market
WASHINGTON (AP) — The U.S. job market is benefiting from an unlikely source: Other countries.
The global economy is showing renewed strength, with Europe, Japan and many developing nations growing in tandem for the first time in a decade. The brightening international picture is encouraging more hiring in the United States — even among manufacturers, which have been hurt in the past by global competition.
"We're seeing demand coming from where we haven't seen it in a long, long time," said Scott Anderson, chief economist at Bank of the West. "We're riding the wave of that added global growth."
In November, U.S. employers added a substantial 228,000 jobs, the Labor Department said Friday.