The American economy gained 148,000 jobs in the final month of 2017, according to the Bureau of Labor Statistics report released Friday morning. The unemployment rate remained at 4.1% for a third month.
This marks the 87th consecutive month of employment growth. Nonfarm employment increased by 174% per month on average from January to November 2017, according to the Economic Policy Institute.
“2017 was a very strong year for the labor market,” said Jed Kolko, chief economist at Indeed.
