WASHINGTON (MarketWatch) — The U.S. economy has been adding jobs at a blistering pace over the past six years, but we still aren’t running out of people who’d like to have a job. In the process of adding 11.5 million jobs since the depths of the Great Recession, growth in new jobs has slowed by about a third in the past six months, leading a lot of people to speculate that we’re nearing full employment. The unemployment rate ticked up to 5% in September, another sign that the Federal Reserve has pushed the economy just about as far as it can go.
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