JOBS UP BIG!
+312,000
US employers went on a surprising hiring spree in December
WASHINGTON (AP) — U.S. employers went on a hiring spree
in December, adding a surprising 312,000 jobs and providing a dose of
reassurance about the economy after a turbulent few months on Wall
Street.
The job gains reported Friday by the Labor Department
came despite a trade war with China, a global slowdown and a partial
government shutdown now entering its third week.The nation’s unemployment rate rose slightly to 3.9 percent last month, but that, too, was considered a positive sign, reflecting an increase in Americans beginning to look for work. And average hourly pay improved 3.2 percent from a year ago.
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