#AFNews US: Lower than expected jobs rise in December with 156,000 added against expectation of 178,000 as unemployment rate rose by 4.7% – #AceNewsDesk reports – @AceFinanceNews

#AceFinanceReport – Jan.06: The Labor Department reports the U.S. economy added 156,000 jobs in December, below expectations for 178,000 jobs.

The unemployment rate rose to 4.7%. Meanwhile, the labor force participation rate rose a tick to 62.7%  and The November Trade Deficit widened to $45.2 billion. Economists were looking for the deficit to decline to $42.5 billion. October’s deficit was revised lower to $42.4 billion. Fox Business News reported on Friday .. #AceNewsDesk 

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