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U.S. added 148,000 jobs in December; unemployment at four.1%

December was the 87th consecutive month of U.S. job progress, an unparalleled stretch of excellent information for employees.

The Labor Division mentioned Friday that 148,000 jobs had been added, bringing the typical over three months to 204,000. The unemployment fee was four.1 %, the identical as in November. And common hourly earnings grew by 9 cents, to $26.63, bringing the rise from 2016 to 2.5 %.

The month-to-month jobs acquire is under what the financial system added for a lot of the yr, however “it’s nonetheless approach forward of what the financial system must sustain with the brand new, sluggish fee of working-age inhabitants progress,” mentioned Jed Kolko, the chief economist for Certainly, a job-search web site.

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