Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Thursday, October 30, 2014 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: January 3, 2013 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Jobless rate remains at 7.8% nationwide



WASHINGTON — U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
The solid job growth wasn’t enough to push down the unemployment rate, which remained 7.8 percent last month, the Labor Department said today. The rate for November was revised up from an initially reported 7.7 percent.
The government also said hiring was stronger in the previous month than first thought. November’s job gains were revised up 15,000 to 161,000. October’s increase was nearly unchanged at 137,000.
The “gain is perhaps better than it looks given that firms were probably nervous about adding workers with the fiscal cliff looming,” said Paul Ashworth, an economist at Capital Economics.
Robust hiring in manufacturing and construction fueled the December job gains. Construction firms added 30,000, the most in 15 months. That increase likely reflected hiring needed to rebuild after Superstorm Sandy and also gains in home building that have contributed to a housing recovery.
Manufacturers added 25,000 jobs, the most in nine months.





Back
Comments
Order Photos!
 
MORE NEWS HEADLINES
arrow Woman’s body found in Adams Twp house
arrow SRU president gets 3.5% pay raise
arrow Chamber to host career fair Friday
arrow Fed keeps interest rate at record low
 
MOST READ ARTICLES
arrow City man tossed from SUV in rollover accident
arrow Possible fee hike helps push Cruise-A-Palooza out of city
arrow Teen injured in quad accident in Jefferson Twp.
arrow POLICE REPORTS