Unemployment Falls to 4.4 Percent as Economy Adds 50,000 Jobs in December

The U.S. labor market continued to grow at its cooler pace of growth in December

The U.S. economy 50,000 jobs in December and the unemployment rate fell to 4.4 percent, the Labor Department said Friday.

Economists were expecting around 55,000 jobs, with forecasts ranging from 40,000 to 100,000, according to Econoday.

Last month, the Bureau of Labor Statistics published jobs data for October and November after the government shutdown delayed the collection and release of economic reports. It showed the economy added 64,000 jobs in November after losing 105,000 jobs in October. The unemployment rate climbed to 4.6 percent in November, the highest…

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