Breaking News Alert
The New York Times
Friday, January 6, 2012 -- 8:35 AM EST
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U.S. Added 200,000 Jobs in December; Unemployment Down to 8.5%
The United States added 200,000 jobs in December, the Labor Department said Friday, in a sign that the economic recovery has built up a head of steam.
The nation's unemployment rate fell to 8.5 percent from 8.6 percent in November, the government said.
The employment report built on a flurry of heartening economic news in December, when consumer confidence rose, manufacturing came in strong and small businesses showed signs of life. It was the sixth straight month that the economy has added more than 100,000 jobs.
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