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A bit of good news
Economy adds 292K jobs in December
The U.S. economy added 292,000 jobs in December, well ahead of expectations, capping off the second best year of gains since 1999.The unemployment rate held steady at 5 percent, the lowest since early 2008, the Labor Department reported on Friday.
Job growth for the year totaled 2.65 million after October and November were revised up by 50,000 jobs. That was slower than 2014’s expansion of more than 3.1 million new jobs.The 5.75 million jobs created in the past two years represent the best streak for the labor market since the late 1990s.Strong growth at the end of the year boosted the three-month average of jobs growth to 284,000, the fastest rate in a year.