Explosion reported in job growth charts

(CNBC) Job creation ended 2018 on a powerful note, with nonfarm payrolls surging by 312,000 in December though the unemployment rate rose to 3.9 percent.

The jobless rate, which was last higher in June, rose for the right reason as 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1 percent. The participation level was up 0.2 percentage points from November and 0.4 percentage points compared with a year earlier.

A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.6 percent.

In addition to the big job [READ MORE HERE]

Aggregated News

Aggregated news from around the world, brought to you in a single source for convenience. These snippets of news include a link to the full article. Please peruse our other editorial and original content, as well. 

Leave a Reply

Leave a Reply

  Subscribe  
Notify of