Economy Adds 292,000 Jobs in December
By Peter O’DowdEconomy Adds 292,000 Jobs in December
By Peter O’Dowd
WBEZ brings you fact-based news and information.
Sign up for our newsletters
to stay up to date on the stories that matter.
What’s been a turbulent week on the stock market ended with a positive jobs report.
The Labor Department reported today that the economy added 292,000 jobs in December, better than many expectations.
The unemployment rate held steady at 5 percent, but average hourly wages were flat.
This comes weeks after the Federal Reserve decided to raise its benchmark interest rates for the first time in nearly a decade.
Michael Regan of Bloomberg News discusses the December jobs report with Here & Now’s Peter O’Dowd.