December Jobs Report

#Jobs — LOSS of jobs, first time in 8 months.

Loss of -140,000 non-farm payroll jobs, vs. expected gain of 50K
Unemployment at 6.7%, unchanged
U6 unemployment at 11.7%, down by 0.3%
Labor force participation 61.5%, unchanged
Avg hourly earnings +0.8%

Nov jobs revised up by +91K to +245K
Oct jobs revised up by +44K to +654K