U.S. Added 160,000 Jobs Last Month as Brisk Hiring Slowed

May 6, 2016 12:34 PM

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U.S. Added 160,000 Jobs Last Month as Brisk Hiring Slowed

“The quality of the jobs improved but the quantity did not,” she said, adding that the health of this heavily white-collar sector explained why wage growth was also robust.

The 0.3 percentage point rise in average hourly earnings was the most positive sign of the economy’s trajectory in Friday’s report.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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