Nation | Economy | Business

December Jobs Report Has Analysts Flummoxed

NPR | Jan. 11, 2014 9:53 a.m.

Contributed By:

Chris Arnold

The U.S. economy gained just 74,000 jobs in December. That’s according to a disappointing report released by the Labor Department on Friday. The numbers could be just a fluke. Economists had been expecting nearly three times as many jobs. At the same time the unemployment rate fell slightly to 6.7 percent. But it’s not that more jobs were created. Many of the long-term unemployed just stopped looking.

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