US Job Growth Expands In December, Unemployment Stable At 3.7 Percent – Analysis

The economy created 216,000 jobs in December, exceeding most projections. The unemployment rate remained at 3.7 percent, the 23rd consecutive month of below 4.0 percent unemployment, the longest stretch in over half a century.

The strong December job gains were partially offset by downward revisions of 71,000 to the figures...