U.S. adds a surprisingly robust 292,000 jobs in December despite slowing global growth

January 8, 2016 2:11 PM

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The U.S. labor market ended last year on a high note, adding a surprisingly strong 292,000 net new jobs in a sign that the slow but steady U.S. recovery was bucking a global economic slowdown.

The unemployment rate held steady at 5%, the lowest since early 2008, as about 466,000 more people joined the labor force.

Also read: As Global Governments Raise Taxes, U.S. Revenues Are Already Falling

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