Unemployment Rate Falls To 9.4% As Employers Add 103,000 Jobs - Spokane, North Idaho News & Weather KHQ.com

Unemployment Rate Falls To 9.4% As Employers Add 103,000 Jobs

WASHINGTON (AP) - The nation's unemployment rate dropped to 9.4% last month, lowest level in 19 months. That was because more people found jobs, but also because some people gave up on their job searches.

The Labor Department says employers added 103,000 jobs in December, an improvement from November but far below most analysts' expectations.

Private employers added a net total of 113,000 jobs last month. Government shed 10,000.

More people were hired in previous months than the government first estimated. The government's revisions showed the economy added 210,000 jobs in October, above the previous figure of 172,000. November's total was revised to 71,000, up from 39,000.

Over the past three months, the economy has added an average of 128,000 jobs a month. That's just enough to keep up with population growth. Nearly double that number is generally needed to significantly reduce the unemployment rate.

But other factors can affect the unemployment rate, at least temporarily. One key reason for the drop in December is that the government no longer counts people as unemployed when they stop looking for work.

Fewer people said they were out of work last month. The number of unemployed fell more than 500,000 to just under 14.5 million, lowest since April 2009.

Still, the unemployment rate has topped 9% for 20 months, longest such streak on record. And even with last year's job gains, the unemployment rate fell only from 9.7% to 9.4%.

Through all of 2010, the nation added 1.1 million jobs, or an average 94,000 jobs a month.

Economists expect hiring will ramp up this year, with some predicting double last year's total of jobs or more. A tax cut package enacted last month should boost consumer and business spending.

The health care and leisure and hospitality sectors showed the strongest job gains last month. Health care added about 36,000 jobs, while restaurants and hotels hired more than 29,000 new workers.

Retailers added 12,000 net new jobs, and manufacturers 10,000. The bleeding continued in construction, which cut 16,000 jobs.

Including those who are working part-time but would prefer full-time work, and those who have given up looking for work, the underemployment rate was 16.7% last month. That's down from 17% in November.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Upriver/Beacon Fire now 20 percent contained

    Upriver/Beacon Fire now 20 percent contained

    Wednesday, July 18 2018 9:08 PM EDT2018-07-19 01:08:31 GMT

    SPOKANE VALLEY, Wash. - Firefighters on the front lines of the Upriver Beacon fire are making progress on the 115-acre fire that started Tuesday evening.  Megan Hill, Public Information Officer for the fire, tells KHQ the fire is 20 percent contained as of Wednesday evening.

    >>

    SPOKANE VALLEY, Wash. - Firefighters on the front lines of the Upriver Beacon fire are making progress on the 115-acre fire that started Tuesday evening.  Megan Hill, Public Information Officer for the fire, tells KHQ the fire is 20 percent contained as of Wednesday evening.

    >>
  • Post Falls man dies in Spokane Valley crash

    Post Falls man dies in Spokane Valley crash

    Wednesday, July 18 2018 1:13 AM EDT2018-07-18 05:13:40 GMT

    SPOKANE VALLEY, Wash. - A Post Falls man died in a collision involving a motorcycle and semi truck Tuesday afternoon in Spokane Valley. Around 3:53 p.m., a Peterbilt semi-truck was heading westbound on Trent turning north into a private parking lot from the second lane when a Suzuki motorcycle in the first lane turned in front of the semi and collided. The driver of the motorcycle, 65-year-old Michael Arnold of Post Falls, was pronounced dead at the scene. 

    >>

    SPOKANE VALLEY, Wash. - A Post Falls man died in a collision involving a motorcycle and semi truck Tuesday afternoon in Spokane Valley. Around 3:53 p.m., a Peterbilt semi-truck was heading westbound on Trent turning north into a private parking lot from the second lane when a Suzuki motorcycle in the first lane turned in front of the semi and collided. The driver of the motorcycle, 65-year-old Michael Arnold of Post Falls, was pronounced dead at the scene. 

    >>
  • Fire lined vs. fire containment: What's the difference?

    Fire lined vs. fire containment: What's the difference?

    Wednesday, July 18 2018 1:48 PM EDT2018-07-18 17:48:19 GMT

    SPOKANE VALLEY, Wash. - We've had a lot of questions about what firefighters  are talking about when they say that the fire is 100 percent lined, but that the Upriver-Beacon fire is 0% contained. Here's the gist, according to firefighters: Containment is essentially their faith in the strength of the fire line. So when they say there is a line around 100 percent of the fire, but 0 percent containment, it means they are concerned that the fire could jump the line.

    >>

    SPOKANE VALLEY, Wash. - We've had a lot of questions about what firefighters  are talking about when they say that the fire is 100 percent lined, but that the Upriver-Beacon fire is 0% contained. Here's the gist, according to firefighters: Containment is essentially their faith in the strength of the fire line. So when they say there is a line around 100 percent of the fire, but 0 percent containment, it means they are concerned that the fire could jump the line.

    >>
HD DOPPLER 6i
/