THREE THINGS TO KNOW ABOUT THE DECEMBER 2016 JOBS REPORT FROM THE BUREAU OF LABOR STATISTICS.
The U.S. Bureau of Labor Statistics released its monthly jobs report today, and numbers fell short of expectations.
Here’s what you need to know.
1. Job creation was a bit lower than expected. The U.S. economy added 156,000 jobs in December, slightly trailing economists’ estimates, while the unemployment rate rose slightly to 4.7 percent.
According to Forbes: “The last jobs report of Barack Obama’s presidency was neither a whopping surprise nor a stunning disappointment. The headline number came in softer than expected, but was good enough to mark the 75th consecutive month of job growth.”