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US Jobs Report For December Crushes Expectations

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According to Business Insider, the U.S. economy added 312,000 nonfarm jobs in December, crushing an estimate of 180,000 from analysts. Figures from the Labor Department add that the unemployment rate in the U.S. has also increased to 3.9%, and average hourly earnings jumped 3.2% from this time a year ago. Investors hope the employment report will offer relief to the U.S. financial market, which ended its worst year since 2008 on Monday.

Added on the 04/01/2019 09:19:16 - Copyright : Wochit

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