U.S. Economy Gains Steam as 200,000 Jobs Are Added

http://pix04.revsci.net/H07707/b3/0/3/0806180/930519716.js?D=DM_LOC%3Dhttp%253A%252F%252Fwww.themuslimtimes.org%252Fwp-admin%252Fpost-new.php%26DM_CAT%3DNYTimesglobal%2520%253E%2520General%26DM_EOM%3D1&C=H07707The United States added 200,000 new jobs last month, the Labor Department said Friday, a robust figure indicating that the economic recovery may finally be building up a head of steam.

The nation’s unemployment rate fell to 8.5 percent in December, from a revised 8.7 percent in November, the government said. The Labor Department also revised the number of new jobs added in November to 100,000, from 120,000.  Read more

Categories: Economics, United States

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