© 2024 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
TECHNOTE: 90.5 FM and AM870 reception

Economic Indicators Point to Solid Job Market

The Labor Department's employment figures for the month of December are a bit stronger than expected. Employers created 167,000 new jobs in the month, more than the 115,000 anticipated by analysts.

That keeps the unemployment rate steady at about 4.5 percent. The figures show that the job market remains relatively strong despite worries about a slide in the housing industry.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Frank Langfitt is NPR's London correspondent. He covers the UK and Ireland, as well as stories elsewhere in Europe.
To help strengthen our local reporting as WKAR's fiscal year ends, we need 75 new or upgraded sustainers by June 30th. Become a new monthly donor or increase your donation to support the trustworthy journalism you'll rely on before Election Day. Donate now.