The US economy added 145,000 jobs in December, the Bureau of Labor Statistics said Friday.
Although the headline number slightly missed economists' expectations, the unemployment rate remained steady at 3.5%, a historic low. Over the past three months, an average of 184,000 new positions were added per month.
While job growth on average slowed in 2019 relative to 2018, if employment continues to grow steadily after the tenth year of economic expansion, it would still paint a relatively robust picture, and support US consumer strength.
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