«December's payrolls report «showed a modest deceleration in employment, as
total private sector job growth at the establishment level rose by 146,000,» which was well below the 239,000 upwardly revised gain in November, according to a new report from Savills Studley.
A
total of 69,000 federal government
jobs were lost over the following 21 months, an exceptional scenario given the
growth of
private sector job gain during that time.