SCOREBOARD: Good job

US jobs growth remains strong overall, while a tide of pessimistic commentary on the country is finally turning.

A total of 2.2 million. That’s how many jobs were created in the US in 2012, or an average of 181,000 per month. January’s payroll figure at 157,000 was slightly lower than that also expectations (165,000), but this is fairly insignificant given the scope of upward revisions that we saw last year, which were substantial in some cases. November’s jobs gain of 247,000, for instance, was up from an initial estimate if 161,000. December’s print was revised up to 196,000 from 155,000 (all up, payrolls were revised 300,000 for the year).

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