The U.S. Bureau of Labor Statistics reported Friday that total nonfarm employment increased by a robust 292,000 jobs in December, although there was a loss of 4,900 jobs in accounting and bookkeeping services.
The unemployment rate remained unchanged at 5.0 percent. Employment gains occurred in several industries, led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access