U.S. Adds 148,000 jobs in December; Unemployment Rate at 4.1%



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The numbers: Job growth decelerated a bit in December after two strong months. The economy gained 148,000 jobs in December after an average gain of 232,000 jobs over the past two months. Economists polled by MarketWatch had predicted a 198,000 increase in nonfarm jobs.

The unemployment rate, meanwhile, remained steady at 4.1%.

Wages increased by 2.5% over the past 12 months, up slightly from 2.4% in November, but still disappointing.

October and November job gains were trimmed by a net 9,000 jobs due to revisions.



Where the new jobs are coming from-
From the BLS
Heavy on Construction and Manufacturing, Restaurant and Hospitality

The only big decrease was in Retail