On Friday, the Bureau of Labor Statistics released employment data for the month of November that was widely regarded as good news due to the creation of 321,000 jobs, which far exceeded economists’ expectations. Still, some economic indicators need to improve before the economy should be considered fully recovered.

“In general the deep recession is forcing everyone to get smarter about how we look at labor market statistics — just looking at the top line unemployment rate and inflation was enough for the Fed until this recession,” Michael Madowitz, an economist at the liberal Center for American Progress, told the Washington Examiner. While job growth was strong, other economic factors, such as the duration of unemployment and wage growth, still need to improve.