Financial Times FT.com

US jobs data support Bernanke’s optimism

By Krishna Guha and Eoin Callan in Washington and Tony Tassell in London

Published: December 8 2006 14:15 | Last updated: December 9 2006 00:21

Ben Bernanke’s optimism that the US economy is heading for a soft landing received a lift on Friday as data showing strong job creation last month forced more pessimistic bond investors into retreat.

The figures showed employers added more staff to payrolls than expected as 132,000 jobs were created, in spite of a slowdown in sectors such as construction.

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