Job Growth Slows a Little

U.S. job growth dropped slightly in December, “showing that the economy muddled along as Congress fought over tax increases and spending cuts,” the Wall Street Journal reports.

“U.S. nonfarm payrolls increased by a seasonally adjusted 155,000 jobs last month… The unemployment rate, obtained by a separate survey of U.S. households, was 7.8%, the same as the prior month, after an upward revision to the November figure.”

Wonk Wire has reaction to the jobs report.