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Despite layoffs at home, national economy adds jobs - WCAX.COM Local Vermont News, Weather and Sports-

Despite layoffs at home, national economy adds jobs

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WASHINGTON, D.C. -

Despite recent big layoffs at IBM and General Dynamics in Vermont, the national economy continues to add jobs. 

The economy has added jobs for 35 straight months and unemployment has reached a 4.5-year low of just over seven percent.

Later this month, the Federal Reserve is expected to release information on the job market that is conflicting about whether things are good or not-so-good, which reflects some of what we're seeing here in Vermont.

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