US economy adds 292,000 jobs in Dec

US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. The Bureau of Labor Statistics data also showed the jobless rate held at its seven-and-a-half year low of 5 per cent.
Professional and business services, construction, health care, and food services all saw job increases.
In addition, the figures for October and November were revised up to show 50,000 more jobs created than previously reported. However, not all sectors saw job gains in December - mining continued to decline, dropping by 8,000, and taking the total jobs lost in the sector in 2015 to 129,000.

US economy adds 292,000 jobs in Dec

US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. The Bureau of Labor Statistics data also showed the jobless rate held at its seven-and-a-half year low of 5 per cent. Professional and business services, construction, health care, and food services all saw job increases. In addition, the figures for October and November were revised up to show 50,000 more jobs created than previously reported. However, not all sectors saw job gains in December - mining continued to decline, dropping by 8,000, and taking the total jobs lost in the sector in 2015 to 129,000.