The Traderszone Network

Published in TZ Latest News 7 January, 2016 by The TZ Newswire Staff

U.S. jobs market seen fairly healthy despite slowing economy

U.S. employers likely maintained a fairly strong pace of hiring in December, suggesting that a recent but sharp manufacturing-led slowdown in economic growth would be temporary. Nonfarm payrolls probably increased by 200,000 jobs, just a slight step down from the 211,000 created in November, according to a Reuters survey of economists. The unemployment rate is expected to have held steady at a 7-1/2-year low of 5 percent.