Sunday, March 4, 2012

Economy brightening.(Main)

Byline: EDMUND L. ANDREWS New York Times

WASHINGTON - Employment climbed at a steady if not spectacular pace in December, suggesting that the economy is on a solid footing but that employers in many industries are still cautious about hiring.

The Labor Department reported on Friday that the nation added 157,000 jobs in December and about 2.2 million jobs for all of last year - a good annual gain and the best since 1999. But it was not quite enough, at least until further revisions are available, to make up for all the jobs lost earlier in President Bush's first term in office.

The increase in jobs, slightly lower than most economists had predicted, …

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