Economy Still Booming ...

From Reuters:

U.S. job growth was surprisingly strong in December and pay jumped, according to a government report on Friday that may fan policy-makers' concern that a strong job market could ignite inflation.

The Labor Department said 167,000 jobs were created last month and also revised up hiring for each of the two preceding months. The unemployment rate in December was 4.5 percent, unchanged from November.

Wall Street economists had forecast that only 100,000 new jobs would be created in December, so the report painted a picture of a healthier job market and potentially stronger expansion than anticipated as 2006 ended.

With the Dems taking control of the House and Senate Reuters can safely run headlines like these, but they still couldn't resist throwing in the "concern" over inflation.

The rest of the article, if you care.