FIRST AIRED: January 6, 2017

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Transcript

00:00:01
>> Great news for American workers, they got a hefty raise at the end of last year. Numbers out Friday from the labor department showing a December jump in average hourly earnings of ten cents. The surge bringing the 12 month gain in paychecks to the biggest in seven and a half years.
00:00:17
I'm in New York, higher wages, good for those that have a job, but for those who don't, the job hunt did get a little bit tougher in the month of December. Employers added only 156,000 new jobs last month. That number was below the forecast and also was a slow down from November.
00:00:37
And the slow hiring was not just in December, for all of 2016, hiring was down compared to 2015. But that didn't stop more Americans from trying to find a job. The unemployment rate ticked up in December from a nine year low, as more Americans started looking for work again.
00:00:59
Even with the disappointing headline figure, president Obama is handing over a pretty solid economy to president elect Donald Trump, who has vowed to spend his time at the white house creating 25 million jobs.