Job market ends 2019 with disappointing 145,000 growth in payrolls

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The U.S. added 145,000 jobs in December, falling short of the 160,000 jobs expected. The unemployment rate remained unchanged at 3.5%.

The U.S. jobs market ended 2019 on a sour note, with December's payroll and wage growth missing expectations, according to Labor Department figures released Friday.

Revisions to the October and November counts brought those two months down by 14,000 as well. The glittering 266,000 initial estimate for November came down 10,000 while October's fell from 156,000 to 152,000. The total employment level rose to 158.8 million, also a fresh high. However, the unemployment rate for African Americans rose 0.3 percentage points to 5.9%.

Construction rose by 20,000 and professional and business services saw an increase of 10,000, while manufacturing declined by 12,000, transportation and warehousing lost 10,000 and mining fell by 8,000.

 

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Good saludos cordiales desde Lowell

امريكاءنقاء محمد نقاءرالجبييري البيشي (74)

See unemployment rate by race: source: department of labor chart by:

Translation: lots of shitty low-paying jobs!

God bless Donald Trump

so after the $3 trillion tax cut the average employee gets a 3 cent hourly increase...woo hooo that is Almost $62 a year !

So your saying the economy is great and president Trump is doing a good job.what a change from the Obama Biden failed adminstration.

You don't know what you have... You should appreciate your government

So, unemployment has stopped lowering and job gains are less than expected...so we are rallying? Of course 🤦🏼‍♂️ Must be the easy Fed cash.

Again, you guys fall sort every time you post. Please remove your self from Twitter.

Cc: Trump

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