Payroll employment increased by 157,000 in December, and the unemployment rate
was unchanged at 5.4 percent, the Bureau of Labor Statistics of the U.S. Department
of Labor reported today.
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The bureau also revised November's employment figures upward, from 112,000
in an initial report to 137,000 in the latest report.
A total of 2.2 million jobs were added to payrolls in 2004.
Health care and social assistance continued to add jobs over the month, with
an increase of 36,000. Over the year, employment in this industry rose by 342,000.
In December, employment increased in ambulatory health care services (17,000),
hospitals (5,000), and social assistance (13,000).
Professional and business services added 41,000 jobs over the month, bringing
the over-the-year gain to 546,000. In December, employment rose in computer
systems design and related services (10,000) and in architectural and engineering
services (7,000). Employment in the temporary help industry continued to trend
upward; job growth totaled 206,000 in 2004.
Employment in financial activities rose by 14,000 over the month and increased
by 140,000 in 2004.
Retail trade employment edged down in December, after seasonal adjustment.
Since reaching a low point in December 2003, however, retailers have added 169,000
jobs.
In December, construction employment was little changed for the second month
in a row. However, the industry has added 371,000 jobs since its recent low
point in March 2003.
Manufacturing employment was about unchanged in December. The industry added
76,000 jobs in 2004; nearly all of the gain occurred early in the year.
Over the year, the number of persons who held more than one job increased by
574,000 to 7.8 million. These multiple jobholders represented 5.6 percent of
total employment in December.