New York (CNN Business) US employers added 312,000 jobs in December, well above what economists expected and underlining that the American economy remains strong despite recent market turbulence. Employers added 2.6 million jobs in 2018, compared to 2.2 million in 2017. Revisions to the October and November estimates added an additional 58,000 jobs to the 2018 total. Economists had expected the pace of hiring would slow in December, as employers had trouble finding the workers they needed. Instead, employers added the highest number of jobs since February 2018, and the second-highest number of jobs added during any month of the Trump administration.

Source: CNN January 04, 2019 13:37 UTC