U.S. Economy Added 103,000 Jobs in December; Jobless Rate Dips to 9.4%
Washington--The United States economy ended the year by adding 103,000 jobs in December, the Labor Department said Friday, a number that missed expectations. But the unemployment fell to 9.4 from 9.8 percent.
The agency also revised estimates from the two earlier months, now saying that 210,000 jobs were created in October instead of 172,000 and 71,000 in November, instead of 39,000.
As with previous months, almost all of the gain in December
-- 113,000 jobs -- came from private companies.