On Friday, the United States Labor Department reported that 271,000 new jobs were added to the nation’s economy. This was far and above analysts prediction of only 188,000 being added. The government has viewed this is an extremely strong showing and believes that the recovery is in full swing.

The news seems likely that America’s central bank, the Federal Reserve, will raise its overnight rate when they meet in December. The rate has hovered near zero for many months, according to The New York Times. The government now claims that the nationwide unemployment rate has fallen to 5.0 percent. This, the government declares, is full employment. The numbers, however, don’t take into consideration those who are only working part time or are otherwise underemployed. It also doesn’t count the millions of people who have simply given up looking for a job. If these groups were counted, the unemployment rate would likely be much higher.

At the moment, no one is really sure when the job market is going to tighten up and raise the possibility of inflation raising its ugly head. Federal Reserve Chairwoman, Janet Yellen, told Congress this week that interest rate increases were likely as she thinks the economy is performing above expectations. The Federal Reserve board meets in December and Yellen stressed that they will have to look at November’s numbers also in order to make a final determination on interest rates.

The numbers seem a bit of an anomaly to many analysts as new jobs plunged to less than 150,000 for the months of August and September. Economists simply don’t know why job growth slowed in those two months. The mining and logging industries rid themselves of over 100,000 jobs and manufacturing laid off more that 25,ooo workers. In addition, businesses have been slow to hire as they consider the economy to be uncertain and they are also trying to reduce vast inventories.