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.

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