252,000 Jobs Added in December as Unemployment Rate Falls to 5.6%

U.S. stock indexes end the week in the red and are now back in the red for 2015 despite a better-than-expected jobs report. 2014 ended as the best year for hiring in 15 years with healthy gains in December. 252,000 jobs were added last month as the unemployment rate fell to 5.6%, a six-year low. The recent jobs report showed a lot of new jobs, but not a lot of money. Wages and salary are not increasing on par with the addition of jobs, upsetting many workers. Employers should expect some employees to quit this year if they do not receive the raises that they feel they deserve.

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Published on Jan 9, 2015
By InvestorGuide Staff

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