Companies Added Way More Jobs Than Expected In December
By Jeff Cox, CNBC
January 3, 2019
Companies added 271,000 new positions as 2018 came to a close, smashing estimates of 178,000 from economists surveyed by Reuters. It was the survey’s best month since February 2017, which saw a gain of 280,000, and brought the average monthly gain for last year to 206,000.
December also showed a marked gain from November, when just 157,000 new jobs were added, a total revised lower from the initially reported 179,000.