US Job Creation In 2019 Slowest In 8 Years
January 11, 2020
5:24 pm
America’s solid job creation continued in December but gains in for 2019 were the lowest in eight years, according to the closely-watched government report released Friday.
After a decade of rising employment, hiring last year slowed notably from the brisk pace seen in 2018: With 2.1 million jobs created, that made 2019 the weakest year since 2011, according to the Labor Department data.
The economy added an average of 175,000 new positions a month last year, a sharp drop from the 225,000 monthly average in the prior year.
The decline — which is not unusual after such a long stretch …
