U.S. Gains 312,000 Jobs In 10-Month High That Shattered Wall Street Forecasts

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Market Watch:

The numbers: The U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing that second longest economic expansion in U.S. history still has plenty of staying power despite growing worries about a slowdown.

The surge in hiring was the largest since February. Economists surveyed by MarketWatch had forecast a 182,000 increase.

Hiring in November and October was also stronger than originally reported, the government said Friday. READ MORE

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