2013 ends with weakest job growth in years

Written By limadu on Jumat, 10 Januari 2014 | 21.29

NEW YORK (CNNMoney)

This was the weakest month for job growth since January 2011 and came as a huge surprise to economists, who were expecting an addition of 193,000 jobs.

For all of 2013, the economy added 2.2 million jobs -- on par with 2012's gains.

Meanwhile, the unemployment rate fell to 6.7% in December, but the drop came mainly from workers leaving the labor force.

Are you unemployed? Share your story with CNNMoney's Annalyn Kurtz.

Only 62.8% of the adult population is participating in the labor market -- meaning they either have a job or are looking for one. That matches the lowest level since 1978.

In the job market's 2007 heyday, unemployment was under 5%, but in the two years that followed, the recession wiped out 8.7 million jobs. To this day, not all those jobs have returned. To top of page

First Published: January 10, 2014: 8:46 AM ET


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