Manufacturing & The Economy
Nonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8%, the U.S. Bureau of Labor Statistics reported Friday. Employment increased in health care, food services and drinking places, construction and manufacturing.
The change in total nonfarm payroll employment for October was revised from +138,000 to +137,000, and the change for November was revised from +146,000 to +161,000.
In December, manufacturing employment rose by 25,000, with small gains in a number of component industries. In 2012, factory employment increased by 180,000; most of the growth occurred during the first quarter.