Randstad Employment News Brief: January 2013
Read the full January 2013 Employment News Brief and other workforce insights at www.randstadusa.com/workforce360.US
Economy Adds 155,000 Jobs in December -
The nation ended 2012 on a positive note, with more job gains and a steady unemployment rate. The Labor Department reported 155,000 jobs added in December, bringing the total number of jobs gained in 2012 to 1.84 million. Throughout 2012, the economy averaged 153,000 jobs per month, which mirrored the 2011 pace. The unemployment rate remained unchanged at 7.8 percent after revisions were made to November’s unemployment rate to 7.8 percent, up from the original 7.7 percent. The private sector continued to be a primary growth driver, increasing by 168,000 jobs, while government jobs declined by 13,000. One bright spot among this month’s report is a 2.1 percent increase in the average hourly earnings rate in 2012.