Nonfarm payroll employment increased by 157,000 in December, and the unem- ployment rate was unchanged at 5.4 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.
Just 157,000 new jobs? Weren’t the expert-sexpert choking-smokers predicting a different number?
December came in below Wall Street economists’ forecasts for 175,000 new jobs…
Oh. Well, at least our quality of life hasn’t suffered despite the lack of a Bush Boom, right?
Over the year, the number of persons who held more than one job increased by 574,000 to 7.8 million, not seasonally adjusted. These multiple jobholders represented 5.6 percent of total employment in December.
I better have that cup of coffee now.