Jobs report shows economy added 155K new hires in December

Jobs report shows economy added 155K new hires in December

The economy added 155,000 jobs in December as the unemployment rate stayed steady at 7.8 percent, the Labor Department reported in the monthly jobs report Friday.

The job additions matched the expectations of economists, who expected the unemployment rate to tick up slightly to 7.8 percent, according to a survey by Bloomberg News. But the rate for November was revised up to 7.8 percent from 7.7 percent, so the rate was unchanged.

The Bureau of Labor Statistics also revised figures for October down to 137,000 from 138,000 and for November up to 161,000 from 146,000.

Jobs were added in the sectors of health care by 45,000, food services and drinking places by 38,000, construction by 30,000 and manufacturing by 25,000.

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