The U.S. economy added 312,000 jobs in December, smashing expectations for year-end growth, and wages rose 3.2 percent in the year since December 2017 after nearly a decade of tepid improvements, federal economists reported Friday.
The unemployment rate crept up to 3.9 percent — the highest level since July, the Labor Department’s latest numbers showed.
That shouldn’t ring alarm bells, said Joseph Brusuelas, chief economist at RSM, an international consulting firm. Some 400,000 more people began looking for work last month, signaling that higher pay could be motivating Americans who were previously on the bench to start seeking better opportunities.
Source: https://www.washingtonpost.com/business/2019/01/04/saw-strong-job-growth-looks-riskier/?utm_term=.407f9d1009b4