US Economy Adds 145,000 Jobs

Wibbitz Top Stories 2020-01-10

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US Economy Adds
145,000 Jobs.
The Bureau of Labor Statistics announced
December’s job growth on Friday.
Nearly a quarter of the jobs stemmed
from the retail sector due to the
holiday shopping season.
December’s growth had 100,000
fewer jobs than November, which
had a boost from General Motors
workers returning from strike.
Despite not meeting economists’
expectations, the unemployment
rate remained consistent at 3.5 percent.
Wage growth reached 0.1 percent
for the month of December, putting
the year’s rate at 2.9 percent.

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