The Labor Department says the nation’s unemployment rate rose a tenth of a percent to 4.7 percent in December. Some 156,000 jobs were added to payrolls.
Unemployment has fallen to a nine-year low, but challenges — including slow wage growth — remain.
September’s disappointing hiring wasn’t weak enough to derail a likely December rate hike.
This week, Japan’s cabinet approved a stimulus package with new spending of $73 billion made up, in part, of helicopter money.
The stock market embraced a strong jobs report to break through its Brexit funk and close at new highs.
The May jobs report gave the Federal Reserve’s rate-setting panel a jolt that set off worries about the health of the job market.
The U.S. economy added a whopping 271,000 jobs in October, according to the Bureau of Labor Statistics.
October saw a strong job report and more wage growth. Will the Fed act on interest rates?
The Labor Department’s September jobs report shows weaker-than-expected hiring.
What the Fed will do next month is still an open question, despite comments from officials.