US Job Growth Surges in December; Unemployment Rate Steady at 5%
- By Mil Arcega
U.S. payrolls surged in December as employers added a better-than-expected 292,000 jobs. The unemployment rate held steady at 5 percent but mostly because out-of-work Americans felt confident enough to look for work. The better-than-expected job numbers came as the economic slowdown in China was causing turbulence in financial markets. VOA's Mil Arcega reports.