The U.S. Bureau of Labor Statistics released its “Employment Situation Summary” report for December on Friday, and the findings “underscored that this is a strong economy,” says Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, in a statement to Entrepreneur.
The report showed that the U.S. economy added 256,000 new jobs in December, the most since March, while unemployment fell slightly to 4.1%. The number of jobs added was above consensus expectations for a 165,000 gain, EY senior economist Lydia Boussour told Entrepreneur in a separate statement.
Employment was up in industries like healthcare and retail, which added 46,000 jobs and 43,000 jobs in December respectively.
The unemployment
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