The labor market turned in a strong showing for the second straight month in July as employers added 255,000 jobs, pointedly easing concerns stoked by a spring slump.
The unemployment rate was unchanged at 4.9%, the Labor Department said Friday, as a sharp rise In employment was offset by a similar-size increase in the ranks of those both working and looking for jobs..
13:41 Solid Job Growth Strengthens Prospect for a Fed Rate Increase12
16:32 Employers added solid 178,000 jobs in Nov12
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent16
14:24 ECB cuts bond buying stimulus to €60 billion a month from April10