Jobs Report: Unemployment Rate Holds Steady At 7.8 Percent

Date: Jan 04 2013

Filed under: Economy, Labor, Jobs

December jobs reportBy Jason Lange

WASHINGTON — The pace of hiring by U.S. employers eased slightly in December, pointing to a lackluster pace of economic growth that was unable to make further inroads in the country’s still high unemployment rate.

Payrolls outside the farming sector grew 155,000 last month, the Labor Department said on Friday. That was in line with analysts’ expectations and slightly below the level for November.

Gains in employment were distributed broadly throughout the economy, from…

Jobs Report: Unemployment Rate Holds Steady At 7.8 Percent originally appeared on DailyFinance.com on 2013-01-04T09:41:00Z.

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