(Scott Olson/Getty Images)The economy added 228,000 jobs in November, slightly outpacing analysts' expectations, and unemployment held steady at 4.1 percent, federal economists reported Friday. Lowering the corporate tax rate, they assert, will inspire firms to invest more on American soil. Scott Anderson, chief economist at Bank of the West, said it’s tough to draw a link between tax cuts and economic growth. “Historically, when you see tax cuts, there’s been no strong correlation there,” he said. “Since January, the economy has added 1.7 million jobs.”The BLS economists also revised their reports on jobs growth in September and October, part of a standard practice as they get more information from businesses.
Source: Washington Post December 08, 2017 13:38 UTC