WASHINGTON (Reuters) – U.S. employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5 percent, the strongest evidence yet the economic recovery is gaining steam. Nonfarm payrolls increased 200,000 in December, the Labor Department said on Friday. It was the biggest rise in three months and beat economists’ expectations for a 150,000 gain. The unemployment rate fell from a revised 8. …

Quoted from Unemployment near three-year low on Yahoo! News – Latest News & Headlines

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.