Economy Gains 312,000 Jobs in December; Unemployment Rises to 3.9%

The U.S. economy gained 312,000 jobs in December, and the unemployment rate rose to 3.9%, according to figures released this morning by the U.S. Bureau of Labor Statistics. This report shows an increase in unemployed workers and while wage gains are stronger, they are not consistent with a tight labor market. This ongoing financial and economic volatility means that the Federal Reserve needs to hold off on more rate increases.

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Address

IATSE, Local 728
Studio Electrical Lighting Technicians
1001 W. Magnolia Blvd.
Burbank, CA 91506
(818) 954-0728
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Phone

Office:
  818-954-0728
  800-551-2158
FAX:
  818-954-0732

Local 728 Bulletin

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