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Economic Preview: Jobs, jobs, jobs: Low unemployment, hiring surge means bigger payday for workers

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Jobs, jobs, jobs: So many Americans are working that companies have to pay more or risk losing them.

”Jobs, jobs, jobs,” the late Sen. Ted Kennedy used to say in 1980 when asked how to fix an ailing economy. The mantra was so popular it was taken up by popular leaders in both parties ranging from Ronald Reagan to Bill Clinton.

Well, the economy is no longer ailing, and that’s because it has plenty of jobs. U.S. employment rose by 200,000 in January, bringing to 18 million the number of new jobs created since the end of the 2007-2009 Great Recession.

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