US Economy add 155k new jobs.

The U.S. employment picture continued its gradual improvement in December, adding 155,000 positions as the jobless rate held at 7.8 percent.

Economists had been expecting a slightly better result, but most of the major industries showed little change from their previous levels.

The numbers were almost exactly in line with the overall jobs picture for 2012, during which there were an average of 153,000 per month.

That’s right around where economists figure job growth has to be just to maintain the unemployment rate, which came down during the year from January’s 8.3 percent largely because more people gave up looking for work.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza
Alfonso Esparza

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