December Jobs Report

#Jobs — Higher than expected.

Gain of +216,000 non-farm payroll jobs, vs. expected gain of 175K
Unemployment unchanged at 3.7%
U6 unemployment 7.1%, up by 0.1
Labor force participation at 62.5%, down by 0.3
Average hourly earnings up by 0.4%; 4.1% increase over the year

October jobs revised down by -45K to +105K
November jobs revised down by -26K to 173K