BREAKING NEWS: Economy added 156,000 jobs in December

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The economy added 156,000 jobs in December, the Labor Department reported Friday, down from 204,000 in November.

Unemployment was 4.7 percent, up from November's 4.6 percent.

Average hourly private-sector earnings were up 10 cents. In November, they were down two cents.

Analysts had predicted the creation of about 175,000 jobs, an unemployment rate of 4.7 percent and an increase in hourly earnings of 0.3 percent, according to a Bloomberg survey of economists.


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