News
Jan. 5, 2018
SOURCE: Eric Morath – Wall Street Journal

The pace of hiring slowed a bit in the final month of 2017, but remained robust for the year as a whole and the jobless rate held at a 17-year low, signs the broader labor market maintained plenty of momentum going into the new year.

Nonfarm payrolls rose a seasonally adjusted 148,000 in December, the Labor Department said Friday. That brought employment gains for the year to 2.1 million, the seventh straight year of increases exceeding two million. It is only the second time on record—the other being in the 1990s—when...



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