Washington — u.s. employers created 156,000 jobs in December, after a year of hiring slow but steady, in the last important report on the economy which will be inherited by president-elect Donald Trump.
The Labor Department’s report presents a labour market that remains constant after seven and a half years of recovery since the onset of the Great Recession. Although the unemployment rate amounted to 4.7% compared with 4.6% in the previous period, did so for a reason encouraging: more people looking for work. Since not all did so immediately, there was a slight increase in unemployment.
The hourly pay increased by 2.9% compared to the previous year, rising highest in seven years. This is a positive sign that the low rate of unemployment forces some companies to offer increases to attract and retain workers. The slow rise in wages has been a weak point in the recovery.
throughout 2016, the job growth was a monthly average of 180,000, compared with 229,000 in 2015, but enough to reduce the unemployment with the time.
An index of the broader unemployment, which includes part-time workers looking for full-time and those who have stopped looking for work fell to 9.2% from 9.3%, the lowest level since April 2008.
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