Payroll growth surged in December after stronger job gains the prior two months, capping the second-best year for American workers since 1999 and further evidence of a resilient job market that prompted the Federal Reserve to raise interest rates.
The 292,000 advance exceeded the highest forecast in a Bloomberg survey and followed a 252,000 increase in November that was stronger than previously estimated, a Labor Department report showed Friday. The median forecast in a Bloomberg survey called for 200,000. The jobless rate held at 5 percent, ...
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech12
05:09 Sterling slides to 3-month lows on 'hard Brexit' fears11
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines23
10:27 India's Tata Consultancy third-quarter net up 10.9 percent, beats estimates20