December Marked A Decade Of Job Gains In The U.S.

The US job market saw 145,000 new hires last month, falling short of Wall Street expectations. Despite this, significant job gains were noted in retail, healthcare, and hospitality sectors. The unemployment rate remains steady at 3.5%. Analysts suggest not to worry about the lower-than-expected job additions, as only 100,000 jobs per month are needed to match population growth. In 2019, the US economy added 2.1 million jobs, which is 600,000 less than the previous year.

What was the number of new hires made by businesses last month according to the Bureau of Labor Statistics?

What is the current unemployment rate in the US?

How many jobs does the economy need to add per month to keep pace with population growth?

How does the job data over the past year reflect on the labor market?

What was the total number of jobs added to the US economy in 2019?