According to the BLS’ latest jobs report, more than 112 million Americans were employed within the private sector in December 2012, comprising nearly 84 percent of the nation’s working population.
In fact, despite a steady decline in public sector employment in 2012, private sector hiring continued to augment in December, rising for the 34th consecutive month.
A total of 168,000 new private sector jobs were created last month, as the following industries reported a rise in employment.
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As millions of Americans celebrated the dawn of 2013, the House of Representatives adjoined to vote on the Senate’s recently amended “American Taxpayer Relief Act of 2012,” a solution to the nation’s impending “fiscal cliff.”
In early November, the BLS released one of its most positive jobs reports in recent memory, “The Employment Situation – October 2012.”
Back in October, the United States’ national unemployment rate remained below eight percent for the second consecutive month, as the economy generated 171,000 new jobs – the fourth straight month in which more than 100,000 jobs were created. Therefore, the results of the BLS’ latest “Metropolitan Area Employment and Unemployment” report were not entirely surprising, as hiring rose within a majority of the nation’s metro areas in October.