81st Golden Globe Awards
The U.S. economy added 216,000 jobs in December, slightly more than expected, but the unemployment rate remained flat at 3.7%.
The latest statistics confirm that the job market is surprisingly strong despite recession predictions last year. Figures for November and October were revised downward by a total of 71,000 jobs, but still show employment growth. December's numbers were also better than expected, as analysts had expected an increase of less than 200,000 people.
The figures showed employment in the entertainment industry is increasing as the industry recovers from the double strike. Employment in the film and sound recording sector increased by 11,400 to 463,000. After months of decline, industry employment began to rise again in November.
According to the Bureau of Labor Statistics, the biggest increases that month were in government, health care, social assistance and construction. Jobs in transportation and warehousing have declined.
Average hourly wage increased 15 cents, or 0.4%, to $34.27. These revenues increased 4.1% over the year.
“Another month of very good jobs numbers,” Mark Zandi, chief economist at Moody's Analytics, said on X/Twitter. And inflation will continue to moderate, as slower job growth, fewer hours worked, and fewer temporary jobs suggest the economy is steadily cooling.”
This will continue in the future...