Business Today in 2 Minutes: Surprise in Us Work Market ; Stocks and Shares

The JournalJanuary 06, 2007

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Summary


THE US job market appears healthier than expected at the end of 2006 as more jobs than forecast were created. A total of 167,000 jobs were created in December, against forecasts of 100,000, and the jobless rate held at 4.5%.

As a result, the annual unemployment rate was 4.6%, compared with 5.1% in 2005, the Labor Department said.

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Business Today in 2 Minutes: Surprise in Us Work Market ; Stocks and Shares

But, as t...

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