Job Growth Slows to 108,000 in December

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00002002-job-growth-slows-to-108000-in-december/

By Rex Nutting, MarketWatch

U.S. job growth slowed in December to 108,000 even as the unemployment rate fell unexpectedly to a cyclical low of 4.9%, the Labor Department said Friday.

The seasonally adjusted growth in nonfarm payrolls was less than the 205,000 expected by economists, but upward revisions to prior months totaling 71,000 put total payrolls near the expected level of 134.5 million.

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