The Unemployment Rate In The United States Rose To Its Highest Level In Two Years.

The report released by the US Department of labor 4 reported that in December last year, the unemployment rate of non-agricultural sectors in the United States rose to 5%, significantly higher than 4.7% in the previous month, the highest level since November 2005.

According to the report, the number of new jobs in the United States last December was only 18 thousand, the worst performance since August 2003.

In that month, the government increased 31 thousand jobs, but the private sector reduced 1.3 jobs.

Last year, the average unemployment rate in the United States was 4.6%, the same as in 2006.

The report also shows that the average hourly wage of American workers increased by 0.4% in December, an increase of 0.3% over analysts' expectations.

Last year, the average hourly wage of American workers increased by 3.7%, an increase of less than 4.3% in 2006.

The US unemployment rate has been on the rise in recent months due to the economic slowdown.

Although 5% of the unemployment rate is still historically low, analysts are still worried that the December unemployment rate will exacerbate fears that the US economy may slide into recession.

Yang Jing: editor in charge