December 2018 employment: US adds 312,000 jobs

According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States remained at 3.9 percent, while the economy added 312,000 jobs, in December.

The unemployment rate rose by 0.2 percentage point to 3.9 percent in December, and the number of unemployed persons increased by 276,000 to 6.3 million. A year earlier, the jobless rate was 4.1 percent, and the number of unemployed persons was 6.6 million.

Among the major worker groups, the unemployment rates for adult men (3.6 percent) and Blacks (6.6 percent) increased in December. The jobless rates for adult women (3.5 percent), teenagers (12.5 percent), Whites (3.4 percent), Asians (3.3 percent), and Hispanics (4.4 percent) showed little or no change over the month.

The change in total nonfarm payroll employment for November was revised up from 155,000 to 176,000, and the change for October was revised up from 237,000 to 274,000. With these revisions, employment gains in October and November combined were 58,000 more than previously reported.

You May Also Like

Check out these additional posts from Mind Your Business.

Business Myth Busters: No Such Thing as an Instant Background Check

In today’s instant gratification economy, it’s easy to see the allure of the “instant” background check. However, good things come to those who wait. An instant background check could do more harm than good by putting your business, employees, and customers at risk. Myth: An instant background check provides the information to make a good…
Read More

Love Your Business by Working with MYB, Inc.

February brings Valentine’s Day and the notion of love to all things. As we ease into the new year, now is the perfect time to show your business some TLC by outsourcing key tasks to the experienced professionals at MYB, Inc. Our trained experts can execute with ease many of the time-consuming duties that consume…
Read More

Karen’s Corner: Women in Government Contracting

Mind Your Business, Inc. founder and CEO Karen Caruso has over 25 years of experience in the industry. She founded the company based upon her goal to provide accurate information to individuals and businesses making hiring decisions. Her passion and vision has guided MYB, Inc. through the years. Today, it is a thriving business and…
Read More

Quality and Precise Results, On Time!

Let us know about your screening needs to get a custom quote. We work with businesses big and small as well as the government. Which means we have a package of solutions for your organization as well.