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White House News: 2018 Ends with 312000 Jobs Created in December; Strong Year for the Job Market - The White House

The Bureau of Labor Statistics (BLS) released its final monthly Employment Situation Report of 2018, marking a great year for American workers and the economy as a whole. Total nonfarm payroll employment rose by 312,000 jobs in December (see figure), far exceeding market expectations (180,000) as well as besting the average monthly additions from 2017 (182,000) and 2016 (195,000).

Continuing the historic streak of positive jobs gains, 2018 experienced more job creation than the previous two years, with 2.6 million new jobs over the course of the year compared with 2.2 million in 2017 and 2.3 million in 2016. Furthermore, this growth was consistently strong throughout the...


Source:www.whitehouse.gov



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