December JOBS report

#Jobs #market

+156,000 jobs in December
4.7% unemployment, up .1%
Avg hourly earnings jumped 10 cents
2.9% annual gain for wages in 2016
Labor force participation unchanged (and still low) at 62.7%

November revised upward from 178,000 to 204,000
October revised downward from 142,000 to 135,000

2016 total non-farm: 2.2 million
About 500K fewer than 2015