us gains disappointing 148000 jobs in december unemployment still 41
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

US gains disappointing 148,000 jobs in December, unemployment still 4.1%

Egypt Today, egypt today

Egypt Today, egypt today US gains disappointing 148,000 jobs in December, unemployment still 4.1%

Economists had been expecting 200,000 new jobs or more last month.
Washington - Egypt Today

The US economy's job creation ability disappointed in December, despite solid hiring in manufacturing and construction, according to government data reported Friday.

While the unemployment rate held steady at the 17-year low of 4.1 percent, employers added just 148,000 new hires in the final month of the year, far below expectations, and even below the sluggish 155,000 reported in December 2016.

Economists had been expecting 200,000 new jobs or more last month.

In addition, revisions to the October and November data, led to a net decline of 9,000 jobs.

Source:AFP

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us gains disappointing 148000 jobs in december unemployment still 41 us gains disappointing 148000 jobs in december unemployment still 41



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