What’s been a turbulent week on the stock market ended with a positive jobs report. The Labor Department reported today that the economy added 292,000 jobs in December, better than many expectations.

The unemployment rate held steady at 5 percent, but average hourly wages were flat. This comes weeks after the Federal Reserve decided to raise its benchmark interest rates for the first time in nearly a decade.

Michael Regan of Bloomberg News discusses the December jobs report with Here & Now’s Peter O’Dowd.

Guest

Copyright 2016 NPR. To see more, visit NPR.

300x250 Ad

Support quality journalism, like the story above, with your gift right now.

Donate