December Job Gains Less Than Expected
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A smaller-than-expected 157,000 new  jobs were added to U.S. payrolls in December as retailers  surprisingly shed employees during the holiday shopping season,  the Labor Department  reported on Friday.
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The number of U.S. workers claiming  first-time jobless benefits fell 10,000 to a seasonally  adjusted 328,000 last week, slightly lower than Wall Street  expectations, a government report showed.
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Labor Department reports nonfarm payroll growth of 18,000 during December.
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U.S. consumer confidence rose slightly in December, with marginal improvement in the outlook for business conditions, employment and inflation, according to a private report on Thursday.
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New orders at U.S. factories rose a less-than-expected 2.3 percent in December, the steepest gain since July, on strong aircraft sales, a government report showed on Monday.
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U.S. employers added 157,000 employees to payrolls in December, completing the strongest year for job growth since 1999, according to a government report on Friday that cemented expectations of rising interest rates in 2005.
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The economy added 112,000 payroll jobs in November, far fewer than the month before and not enough to keep up with average increases in the adult population.
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WASHINGTON -- The efficiency of workers rose at a modest pace in the final three months of last year, far below the gain originally estimated, while worker wages and benefits soared.
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U.S. growth slowed in some parts of  the country last month and private employers hired fewer people  than expected, according to reports on Wednesday that chime  with other weak signals from the economy.
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The U.S. economy added a modest 97,000 jobs in February, the smallest gain in two years, but job growth in prior months was stronger than first thought and the unemployment rate dropped, the government said on Friday, easing fears over economic weakness.
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The economy added 18,000 jobs to nonfarm payrolls, the smallest monthly gain in more than four years. The unemployment rate rose to 5 percent.
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Payroll growth was the weakest in two years in February but a lower unemployment rate and a revision higher for January job growth hinted at surprising resilience in the nation's labor market.
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U.S. employment costs rose a  slightly less-than-expected 0.7 percent in the fourth quarter  of 2004, as salaries and wages grew at their slowest rate in  nearly six years, a government report showed on Friday.
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Employers hired workers in 2004 at the fastest pace in five years, with overall payrolls rising by 2.2 million. December's job growth was a bit lower than expected, with the unemployment rate holding at 5.4 percent.
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US employers added 18,000 jobs in December, fewer than analysts had forecast, official data shows.
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U.S. employers added 157,000  employees to payrolls in December, completing the strongest  year for job growth since 1999, according to a government  report on Friday that cemented expectations of rising interest  rates in 2005.
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Economists anticipate sluggish job numbers for December, and some think the markets will react favorably.