Nonfarm payroll for the month of December rose by 145,000. It is significantly less as compared to the previous month. The U.S Bureau of Labor Statistics reported no change in the unemployment rate which currently stands at 3.5%.
The September unemployment rate declined to 3.7% in September and the total nonfarm payroll employment increased by 134,000. The main job gains were in the professional and business services which includes health care, transportation and warehousing.Hurricane Florence affected sections of the East Coast in the month of Sept....Read more »