Obama’s Final Jobs Report: Still Worst Wage Recovery From A Recession Since 1965

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wallstreetexaminer.com / by Anthony B. Sanders / January 7, 2017

The last jobs report (December) for the Obama Administration is out. And it was ugly as usual, at least in terms of wage growth.

Total nonfarm payroll employment rose by 156,000 in December, with an increase in health care and social assistance. Job growth totaled 2.2 million in 2016, less than the increase of 2.7 million in 2015.

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Employment in health care rose by 43,000 in December, with most of the increase occurring in ambulatory health care services (+30,000) and hospitals (+11,000). Health care added an average of 35,000 jobs per month in 2016, roughly in line with the average monthly gain of 39,000 in 2015.

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