The torrid hiring in December far outstripped the 180,000 jobs investors had been anticipating and could help ease fears that the economy's expansion - now in the middle of its 10th year - may be coming to an end.
The U.S. economy added more than 300,000 new jobs in the final month of 2018, the U.S. Bureau of Labor Statistics said in its jobs report Friday.
The Labor Department said Friday that the unemployment rate rose slightly to 3.9 percent, but that reflected a surge in jobseekers- a positive for growth. Average hourly and average weekly earnings for all "hard hat" workers were both +3.9% year over year.
This comes after Wall Street projected that job numbers would increase 177,000 in the month.
Overall unemployment increased by 0.2 points to 3.9 percent in December, with 419,000 Americans out of work. Job creation previous year rose to a monthly average of 220,000 positions, far higher than the 182,000 recorded in 2017 but lower than 2014 and 2015, a sign that 2018 was boosted by unusual tax cuts and fiscal stimulus.
The ripple effects from slower growth overseas could eventually hurt the USA economy, David Dollar, a senior fellow at the Brookings Institution, told NPR's Scott Horsley.
"Friday's payrolls numbers suggest a healthier U.S. economy than some investors had anticipated", it said. The growth occurred in health care (+50,000), food services and drinking places (+41,000), construction (+38,000), manufacturing (+32,000) and retail trade (+24,000).
"This is the 12th jobs report following the historic rewrite of our nation's tax code, and the trend remains the same: strong growth for America", the House Ways and Means Committee Ranking Member Kevin Brady said. Revisions to the October and November estimates added an additional 58,000 jobs to the 2018 total.
Man charged with murder in Houston girl's death
We know that they had come to a traffic signal near the Walmart , both this red truck, the driver, and LaPorcha and the family. The girl's killing prompted an outpouring of support for her family from celebrities and ordinary people across the country.
The U.S. central bank raised rates four times in 2018. Forecasts from Fed officials last month indicated they expect just two rate hikes in 2019 amid signs of weakness, rather than three.
The Labor Department has not been affected by the partial shutdown of the US government and will continue to publish economic data complied by its statistics agency, the Bureau of Labor Statistics.
Wages grew 3.2 percent in the year since December 2017 after almost a decade of tepid growth, the Labor Department's latest numbers showed.
The economy grew at a 3.4 percent pace in the third quarter. That's still lower than it was a year ago, when the jobless rate was 4.1 percent and there were 6.6 million unemployed workers. Anecdotal evidence has been growing of companies experiencing difficulties finding workers, and raising wages to retain and attract employees. On the goods side of the economy, both manufacturing and construction saw solid gains in employment in December, with each adding over 30,000 workers to payrolls.
Government jobs saw a gain of 11,000.
And businesses are still searching for more workers. Among health care sub-sectors, "home health care services" stood out with +13,000 jobs month-to-month.
By industry sector, the largest revisions to November's jobs statistics came from "retail" (+18,000), "government" (+16,000) and "leisure and hospitality" (+14,000).
Disney noted that it's now offering two limited-time promotional offers - one expressly for Southern California residents . Off-peak daily tickets start at $109, with regular daily tickets starting at $129 and peak-demand daily tickets at $149.
No matter which way you look at it, it's a huge blow to the MI staff, as the defensive line under Mattison has been stalwart. Schiano had coordinated defenses at Ohio State since 2016 after a three years away from college and the NFL .
A price and release date have not been announced for The Wall, but it's hoped that it will be unleashed this year. For home theaters, Samsung unveiled a 75-inch consumer MicroLED TV, now just called the "4K MicroLED TV".
President Bongo took power in 2009 and is believed to be in Morocco , receiving treatment after suffering a stroke in October. In his new year speech, Bongo acknowledged he had health problems but said he was recovering.
The Juice Pack Access packs in a 2000mAh battery capacity for the iPhone X , XR, and XS, while the XS Max has 2200mAh capacity. Whether Touch ID returns through a sensor in the display is one of the most exciting question about the new iPhone .
FILE - Firefighter Jose Corona sprays water as flames from the Camp Fire consume a home in Magalia, California, Nov. 9, 2018. PG&E had reported equipment problems near the origin of the fire around the time it began.
It contains Turing architecture and is reportedly 60% faster on current titles than its predecessor , the GTX 1060. Pricing , configurations, and availability will vary depending on regions and partners, Nvidia said.
The ISM manufacturing index fell 5.2 percentage points in December and an index measuring new orders tumbled 11 percentage points. Powell said the US central bank was "always prepared to shift the stance of policy and to shift it significantly" if necessary.
Thailand , appearing for the since co-hosting the tournament in 2007, have now won just one of 21 games at the Asian Cup . Sandesh (Jhingan ) and Anas (Edathodika) were pretty courageous telling us to go and press to make the team narrow.
If you managed to miss it among all the Golden Globes news today, HBO did a sweet little sizzle reel for all of its 2019 releases. Fans also got to see Julia Louis-Dreyfus back from her battle with cancer as Selina Meyer for the final season of " Veep ".
China's official Xinhua news agency also confirmed the visit. North Korean leader but declined to reveal its contents. Last week, Trump received another letter from Kim.
Titans’ Matt LaFleur to coach Packers
Citing a source, Rapoport says the Packers hired former Tennessee Titans offensive coordinator Matt LaFleur. LaFleur is expected to keep defensive coordinator Mike Pettine on his staff, according to the report.
Mastermind of USS Cole attack was likely killed in airstrike
The ship was refueling at the port of Aden in Yemen when suicide bombers attacked in a small boat filled with explosives. Badawi was the first to be caught, being arrested and detained by Yemeni authorities just two months after the attack.
Woman to face court over child on vehicle roof
Police later tracked down the auto at a petrol station on Nicholson Road in Harrisdale and spoke with her. It's believed the mother was unaware the child was on the roof of the moving auto .
Brian Flores Set for Multiple Head Coach Interviews
The Milwaukee Journal Sentinel's Tom Silverstein first reported the Packers will interview former Dolphins head coach Adam Gase . New Orleans Saints defensive coordinator Dennis Allen is the third candidate to interview for the Miami Dolphins' coaching job.