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The US Bureau of Labor Statistics (BLS) recently released it’s December Jobs Report. Below are a few highlights. The Wall Street Journal (WSJ) released a summary report also provides some terrific graphs to illustrate many of the key statistics presented in the report.

A few highlights:
– 11 Week average duration to find a new job
– 5% Unemployment Rate (10% if you include part-time workers)
– 80.9% Labor Force Participation overall for 25 – 54 year olds
– Employers added on average 221,000 jobs every month last year, down from 260,000 jobs every month in 2014
– The 292,000 jobs added in December ended the year with the strongest three-month stretch of hiring gains since January, 2015
– Overall, 6 out of 10 people in the total US population are currently working (Many young people do not work because they are in school, and many people in their late 50s and 60s begin thinking about retirement)

BLS Web Release: http://www.bls.gov/news.release/empsit.nr0.htm
BLS News Release: http://www.bls.gov/news.release/pdf/empsit.pdf
WSJ “The December Jobs Report in 14 Charts”: http://blogs.wsj.com/economics/2016/01/08/the-december-jobs-report-in-14-charts/
WSJ “December Jobs Report: Everything You Need to Know”: http://blogs.wsj.com/moneybeat/2016/01/08/december-jobs-report-everything-you-need-to-know-2/

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