Total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported..
The market had expected a much better result.
The unemployment rate is well down from the double digit levels of the financial crisis.
The best way to not be a part of the unemployment statistics is to not be a teenager (20.2%), black (11.9%) or Hispanic (8.3%).
The jobless rate for white men (6.3%) is far lower:
"Among the major worker groups, the unemployment rates for adult men (6.3 percent) and whites (5.9 percent) declined in December. The rates for adult women (6.0 percent), teenagers (20.2 percent), blacks (11.9 percent), and Hispanics (8.3 percent) showed little change. The jobless rate for Asians was 4.1 percent (not seasonally adjusted), down by 2.5 percentage points over the year."