The labor market over the past year was one for the record books with unemployment rate near its lowest level in some 5 decades, and 2.6 million jobs in 2018, the most since 2015. An average of just over 206,000 jobs were added per month, as the economy showed continued strength.
"2018 was gangbusters," says Mark Zandi, chief economist at Moody's Analytics. "We had average monthly growth of over 200,000 juiced by tax cuts, government spending increases and fiscal stimulus."
The biggest gains in terms of the number of jobs added this year were in professional and business services, education and health services, leisure and hospitality, manufacturing and construction.
So as concerns of a trade war grow and stock market volatility persists into the new year, what will 2019 look like when it comes to jobs and hiring?