Friday, January 4, 2013

US job growth still lacklustre



Published on Jan 4, 2013
http://www.euronews.com/ There was no sign of the pick-up in job creation that the US economy needs to recover, in December as the pace of hiring by employers there eased slightly.

Payrolls outside the farming sector grew by just 155,00 last month, just below November's increase.

Job gains were distributed broadly throughout the economy, and were strongest in manufacturing and construction.

The jobless rate, which started to ease down in August, held steady at 7.8 percent of the workforce in December, the same as November as that month's figure was revised up by the US Labor Department.
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