Home Business Economy & Politics US Jobs Report: Economy Adds 292,000 Jobs in December 2015

US Jobs Report: Economy Adds 292,000 Jobs in December 2015

The US economy added 292,000 jobs in December 2015, beating expectations, the Bureau of Labor Statistics data shows.

The data also showed the jobless rate held at its seven-and-a-half year low of 5%.US jobs report December 2015

Professional and business services, construction, health care, and food services all saw job increases.

As well as the strong December jobs figures, US employment figures for October and November 2015 were revised up sharply to show 50,000 more jobs created than previously reported.

The robust figures come after the first US interest rate rise in nearly 10 years in December 2015.

The Federal Reserve raised overnight interest rates last month by a quarter of a percent to between 0.25% and 0.50%.

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.


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