WASHINGTON U.S. payrolls surged in December and the job count for the prior two months was revised sharply higher, showing the economy on solid ground despite a troubling international backdrop.
Nonfarm payrolls increased by 292,000 last month, the Labour Department said on Friday, as hiring got a boost from unseasonably warm weather. The unemployment rate held steady at a 7-1/2-year low of 5 percent even as more people entered the labour force, a sign of confidence in the job market.
14:36 U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent16
13:41 Solid Job Growth Strengthens Prospect for a Fed Rate Increase12
14:24 ECB cuts bond buying stimulus to €60 billion a month from April9
10:17 Afghan president says Taliban wouldn't last a month without Pakistan support15