Labor Report for December

++Job growth hit 252,000,marking the 11 straight month of 200,000+ job growth,topping the record set in 1995. 

++The unemployment rate lowered to 5.6%. The October and November jobs report were revised showing an addition of 50,000. 

++Job growth was reported in every sector. The debate now among economists is whether we have hit full employment. Academically the number is between 5 to 6%. This might mean that the Fed would raise interests rates, which some say will come sooner than the Fed had anticipated.