Look Out Jobs Market: Pitfalls Ahead

Like a plodding pachyderm, the latest data shows the U.S. jobs market is only trudging along. The Labor Department reports there were 155,000 new jobs added in December, while November's gains were upwardly revised to 161,000. And the unemployment rate hovers at 7.8 percent. Economist, Max Wolff at Greencrest Capital says last month's data closed out 2012 like a carbon copy of 2011. "We're growing but barely so as you'd notice."

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