U.S. payrolls increased by 216,000 in December, much better than expected
- The American labor market remains strong, adding 216,000 jobs in December, exceeding November's job gain, and keeping the unemployment rate below 4% for 23 straight months.
- However, the proportion of people in the labor force fell to its lowest level since February, which may ease pressure on employers to raise pay sharply.
84 Articles
84 Articles
US Employers Add a Surprisingly Strong 216,000 Jobs in a Sign of Continued Economic Strength
WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
US employers add a surprisingly strong 216,000 jobs - Times Leader
WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. Friday’s government report showed that December’s job gain exceeded the 173,000 that were added in November. The unemployment rate was unchanged at 3.7% — the 23rd straight month that joblessness has come in below 4%. Some details of the report, though, may…
Employers add 216,000 jobs as economy shows strength
The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient and the economy strong even in the face of sharply higher interest rates. Friday’s government report showed that December’s job gain exceeded the 173,000 that were added in November. The unemployment rate was unchanged at […]
US employers add a surprisingly strong 216,000 jobs in December
Though inflation has been falling more or less steadily for a year and a half, the lingering financial and psychological effects of the worst bout of inflation in four decades have soured many Americans on the economy.
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