December Jobs Report: 312,000 Jobs Added, Unemployment Slightly Rises - Energy Watch News


December Jobs Report: 312,000 Jobs Added, Unemployment Slightly Rises

The U.S. economy added 312,000 nonfarm payroll jobs in the month of December and the unemployment rate trickled up slightly to 3.9 percent, the Department of Labor (DOL) reported on Friday morning. The number blew past economists’ expectations who forecasted only 182,000 jobs would be added in the final month of 2018. Hiring remained strong, especially in manufacturing, and many who had struggled to find work came off the sidelines in 2018. Some 400,000 more people began looking for work last month, signaling that higher pay could be motivating Americans who were previously on the bench to start seeking better opportunities. The Department of Labor jobs report caps what has been a strong year for the American economy.  https://www.bls.gov/news.release/pdf/empsit.pdfhttps://www.bls.gov/news.release/pdf/empsit.pdf

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