Mexican Media Brands
U.S. Added 312,000 Jobs in December
Businesses in the U.S. added 312,000 jobs in December, the biggest monthly total since February, according to the Dept. of Labor.
#economics #labor #workforcedevelopment
Share
Businesses in the U.S. added 312,000 jobs in December, the biggest monthly total since February, according to the Dept. of Labor.
On average, the U.S. economy added 220,000 jobs per month in 2018. Analysts say the pace was aided by last year’s big corporate tax cut, which encouraged employers to hire in spite of the turmoil caused by rising trade tensions.
The Labor Dept. says the U.S. unemployment rate rose to 3.9% from 3.7% in November. Average hourly wages grew 3% compared with December 2017.
RELATED CONTENT
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.
-
GM Offers Buyouts to 18,000 Salaried Workers
General Motors Co. is launching a new round of buyouts for about 18,000 of its 50,000 white-collar employees in North America.
-
Marchionne Cancels Trip to Paris Auto Show
Fiat Chrysler Automobiles CEO Sergio Marchionne has cancelled a planned appearance at the Paris auto show on Thursday.