Ennis Daily News

US economy adds 155K jobs; rate remains 7.8 pct.


WASHINGTON (AP) — U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.

The solid job growth wasn’t enough to reduce the unemployment rate, which remained 7.8 percent last month, the Labor Department said Friday. The rate for November was revised up from an initially reported 7.7 percent.

Each January, the government updates the monthly unemployment rates for the previous five years. The rates for most months don’t change.

The government said hiring was stronger in November than it first estimated. November’s job increases were revised up 15,000 to 161,000. October’s increase was nearly unchanged at 137,000.

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Posted by on Jan 4 2013. Filed under National news. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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