Bloomberg: Companies in the U.S. boosted payrolls in December by the most since records began in 2001, showing a stronger labor-market recovery at the end of last year, data from a private report showed today.
Employment increased by 297,000, exceeding the highest projection in a Bloomberg News survey….
Faster job growth will fuel the income gains necessary to further spur consumer spending, which accounts for about 70 percent of the economy. A Labor Department report in two days will show companies added 150,000 workers last month and the unemployment rate eased to 9.7 percent…
….today’s ADP report showed an increase of 27,000 workers in goods-producing industries … it was the biggest gain since February 2006 and the second straight rise. Service providers added 270,000 workers, the 11th straight gain and the most since record-keeping began.
Employment in construction was little changed, the first time without a decline since June 2007, while factories added 23,000 jobs…employers in the U.S. announced plans in December to cut 32,004 jobs, the fewest since June 2000…
Nope: it’s Michelle Obama on the December cover of DC magazine
“When the first lady first sought to engage the nation’s creative community, she traveled straight to the heart of U.S. artistic endeavors: New York. In May 2009, she met with the country’s cultural elite at the Metropolitan Museum of Art. Some argued that visiting one of Manhattan’s headiest outposts was a predictable move. But Mrs. Obama was on a mission. During that closed-door session, she gained inspiration for the White House series on music and dance. … From the first installment of the series, launched a month after the meeting, the jazz, classical, country, Broadway, Latino and civil-rights-focused music and dance events have paired celebrity talent with schoolchildren for daylong workshops and evening performances. The efforts have garnered coast-to-coast coverage. Diplomatic efforts with countries such as Russia have grown from relationships established through these East Wing undertakings.”