U.S. employers last month created 155,000 nonfarm jobs, leaving the nation's unemployment rate at 7.8 percent as the economy continued its slow recovery.
Analysts expected nonfarm payrolls to show a gain of 150,000, compared with the 146,000 jobs created in November. Projections provided by the 55 economists polled by Thomson Reuters ranged from a gain of 80,000 jobs to a gain of 225,000. Other economist surveys pointed to expectations of a 160,000 gain.
Employment rose in health care, food services and drinking places, construction, and manufacturing.
Mike Obel assigns, edits and writes stories about business, markets, finance and economics. Before coming to International Business Times, he worked on the Finance Desk of...