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December 2012 US Employment Report
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The US economy continued to chug along at a steady pace in December, adding 155,000 jobs and bringing the total increase in employment for the year to 1.8 million jobs, or roughly 150,000 per month. That’s almost identical to the job growth in 2011. Just as there was little employment impact from Hurricane Sandy in November, there appeared to be very little impact from the Fiscal Cliff debate in December. Revisions to previous months were minor, but positive, with November employment being revised up by 15,000 jobs.
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