Friday, January 07, 2011

Bureau of Labor Statistics: U.S. Job Market Improved in December

The unemployment rate fell by 0.4 percentage point to 9.4 percent in December 2010 -- the lowest in months -- and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today.

"From a recent low point in December 2009, payroll employment has risen by 1.1 million -- or an average of 94,000 jobs per month," said BLS Commissioner Keith Hall [pictured], in a statement released early this morning. "In December, employment increased in leisure and hospitality and in health care, but was little changed in other major industries."

To read the complete text of the monthly jobs report, go to:

SOURCE: U.S. Bureau of Labor Statistics

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