US adds 145,000 jobs in December with unemployment steady at 3.5 pct

US adds 145,000 jobs in December with unemployment steady at 3.5 pct

America’s solid job creation continued in December but a slower pace while wages cooled off, according to the closely-watched government report released Friday.

The numbers for the final month of 2019 also showed hiring took a step downward from the brisk pace seen in 2018, according to the Labor Department.

The US jobs engine added another 145,000 new positions, the slowest pace in seven months and a bit short of economists’ expectations, while the unemployment rate held steady at 3.5 percent.

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