NEW YORK (CNNfn) - The U.S. economy created 105,000 jobs in December, the government said Friday, a bit below Wall Street forecasts for an increase of 133,000. The unemployment rate was steady at 4.0 percent.
Average hourly earnings rose 5 cents, the Labor Department said, a 0.4 percent gain that was a bit above economists' estimates of a 0.3 percent gain.
Bond prices edged lower on the news but stock futures held on to modest gains. The data came after the Federal Reserve cut interest rates Wednesday in a bid to spur the slowing economy and keep it from sinking into a recession.
(Quelle: CNN)
Average hourly earnings rose 5 cents, the Labor Department said, a 0.4 percent gain that was a bit above economists' estimates of a 0.3 percent gain.
Bond prices edged lower on the news but stock futures held on to modest gains. The data came after the Federal Reserve cut interest rates Wednesday in a bid to spur the slowing economy and keep it from sinking into a recession.
(Quelle: CNN)
