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| US economy adds 292,000 jobs in December | US economy adds 292,000 jobs in December |
| (35 minutes later) | |
| US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. | US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. |
| The data, from the Bureau of Labor Statistics, also showed the jobless rate held at its seven-and-a-half year low of 5%. | The data, from the Bureau of Labor Statistics, also showed the jobless rate held at its seven-and-a-half year low of 5%. |
| Professional and business services, construction, health care, and food services all saw job increases. | Professional and business services, construction, health care, and food services all saw job increases. |
| The FTSE 100 jumped after the data release, trading around 0.75% higher than the previous day's closing value. | |
| As well as the strong December jobs figures, US employment figures for October and November were revised up sharply to show 50,000 more jobs created than previously reported. | |
| The robust figures come after the first US interest rate rise in nearly 10 years in December. | The robust figures come after the first US interest rate rise in nearly 10 years in December. |
| The Federal Reserve raised overnight interest rates last month by a quarter of a percent to between 0.25% and 0.50%. |