The U.S. generated 145,000 new jobs in December to push employment growth above 2 million for the ninth straight year.
The increase in new jobs fell short of the 165,000 MarketWatch forecast. The unemployment rate was unchanged at 3.5%, which is a 50-year low. An alternative measure of joblessness known as the U6 rate fell to 6.7% to mark the lowest level since the government began keeping track in 1994.
The average wage paid to American workers, meanwhile, rose 3 cents, or 0.1%, to $28.32 an hour. The 12-month rate of hourly wage gains slowed to 2.9% from 3.1%, however.
Hours worked each week were flat at 34.3. The government revised the increase in new jobs in November to 256,000 from 266,000. October's gain was trimmed to 152,000 from 156,000.
Source : MarketWatch