US non-farm payrolls increased 223,000 last month, the Labor Department said in its closely watched employment report today, while the data for November was revised lower to show 256,000 jobs added instead of 263,000 as previously reported.
Nonfarm payrolls increased 223,000 last month, the Labor Department said in its closely watched employment report today.
Monthly job growth is well above the pace needed to keep up with growth in the working age population. US government data this week showed there were 10.458 million job openings at the end of November, which translated to 1.74 jobs for every unemployed person. However, airlines, hotels, restaurants and bars are desperate for workers as the leisure and hospitality industry continues to recover from the Covid-19 pandemic.
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