Job Report in US, December 2017 – Employment increased by 148,000 and unemployment rate was 4.1 percent for the third consecutive month

Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.

Employment gains occurred in health care, construction, and manufacturing.

Household Survey Data

In December, the unemployment rate was 4.1 percent for the third consecutive month. The number of unemployed persons, at 6.6 million, was essentially unchanged over the month.

Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 926,000, respectively. (See table A-1.)

Chosen excerpts by Job Market Monitor. Read the whole story at Employment Situation Summary