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LATEST US DATA

Dec employment gain caps best year since 1999

Consumer spending may now be sustained
Saturday, January 10, 2015 - 05:50
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STANDOUT ECONOMY: Job growth was highlighted by the biggest gain in construction employment in almost a year. Factories, health care providers and business services also kept adding workers in December.

Washington

EMPLOYMENT rose more than forecast in December and the jobless rate declined to 5.6 per cent, wrapping up the best year for the labour market since 1999 and adding to evidence the US is a standout in the global economy.

The addition of 252,000 jobs followed a 353,000