The nation's job creation machinery was running in high gear last month.
The Department of Labor (DOL) reports total nonfarm payroll employment rose by 292,000 in December, with the gains coming in several industries, including professional and business services, construction, health care, and food services and drinking places.
At the same time, though, the unemployment rate was unchanged at 5.0%.
As it released its December report, the DOL revised its payroll employment figures for October to show a gain of 307,000 jobs from 298,000 to 307,000. The change for November was revised from +211,000 to +252,000.
With these revisions, employment gains in October and November combined were 50,000 higher than previously reported. Over the past three months, job gains have averaged 284,000 per month.
Who was hiring and who was not
The professional and business services category was December's big winner with the addition of 73,000 jobs. Also adding to payroll positions were construction (+45,000), health care (+39,000), food services and drinking places (+37,000), and transportation and warehousing (+23,000).
Payroll employment growth totaled 2.7 million last year, compared to 3.1 million in 2014.
Employment in mining continued to decline last month (-8,000). Manufacturing employment was little-changed, as were wholesale trade, retail trade, financial activities, and government.
Total employment
Among the major worker groups, the unemployment rate for blacks dipped to 8.3%, while the rates for adult men (4.7%), adult women (4.4%), teenagers (16.1%), whites (4.5%), Asians (4.0%), and Hispanics (6.3%) showed little or no change.
The number of people out of work in December was 7.9 million, essentially the same as the month before, with the jobless rate at 5.0% for the third month in a row. Over the past 12 months, the unemployment rate and the number of unemployed persons were down by 0.6% and 800,000, respectively.
The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 2.1 million in December and accounted for 26.3% of the unemployed. The number of long-term unemployed has shown little movement since June, but was down by 687,000 over the year.
The civilian labor force participation rate, at 62.6%, has shown little movement in recent months. In December, the employment-population ratio, at 59.5%, changed little.
The average work week for all employees on private nonfarm payrolls was unchanged at 34.5 hours in December, and average hourly earnings for all employees on private nonfarm payrolls was down a penny to $25.24, following an increase of 5 cents in November.
Over the year, average hourly earnings have risen by 2.5% percent.
The complete December employment report is on the DOL website.
The nation's job creation machinery was running in high gear last month.The Department of Labor (DOL) reports total nonfarm payroll employment rose by ...