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Employment rose by 199,000 in December as the U.S. unemployment rate fell to 3.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing.
The unemployment rate declined by 0.3 percentage point to 3.9 percent in December, and the number of unemployed persons decreased by 483,000 to 6.3 million.
Over the year, these measures are down by 2.8 percentage points and 4.5 million, respectively. Among the major worker groups, the unemployment rates for adult men (3.6
