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2014 Was Best Hiring Year Since ’99; Jobless Rate 5.6 Pct.

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In this Oct. 23, 2014 file photo, Joe Wilhelm, left, a recruiter with payment processing company First Data Corp., shakes hands with U.S. Army Spc. Vincent Knowles, at a job fair that was part of a "transition summit" intended to provide employment and educational information to soldiers who may exit military service in the next year, at Joint Base Lewis-McChord, Wash. The Labor Department releases employment data for December 2014 on Friday, Jan. 9, 2015. (AP Photo/Ted S. Warren, File)

In this Oct. 23, 2014 file photo, Joe Wilhelm, left, a recruiter with payment processing company First Data Corp., shakes hands with U.S. Army Spc. Vincent Knowles, at a job fair that was part of a “transition summit” intended to provide employment and educational information to soldiers who may exit military service in the next year, at Joint Base Lewis-McChord, Wash. The Labor Department releases employment data for December 2014 on Friday, Jan. 9, 2015. (AP Photo/Ted S. Warren, File)

CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) — The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low. The numbers support expectations that the United States will strengthen further this year even as overseas economies stumble.

Employers added 252,000 jobs last month and 50,000 more in October and November combined than the government had previously estimated, the Labor Department said Friday. The unemployment rate dropped to 5.6 percent from 5.8 percent in November. The rate is now at its lowest point since 2008.

Still, wage growth remains weak. Average hourly pay slipped 5 cents in December. And one reason the unemployment rate fell had nothing to do with more hiring: Many of the jobless gave up looking for work and so were no longer counted as unemployed.

Even so, nearly 3 million more people are earning paychecks than at the start of 2014 — the best annual job gain since 1999. Gas prices have also plunged, which will give consumers — the main driver of the U.S. economy — a further boost in coming months.

Though December’s hiring didn’t match November’s huge 353,000 gain, monthly job growth in the final three months of 2014 averaged 289,000. That was up sharply from the 239,000 average for the third quarter of 2014.

“We are in a recovery that is accelerating,” said Michael Strain, an economist at the American Enterprise Institute, a conservative think tank.

The unemployment rate is now near the 5.2 percent to 5.5 percent range that the Federal Reserve considers consistent with a healthy economy — one reason the Fed has been expected to raise interest rates from record lows by midyear.

Yet for now, the plummeting oil prices and weak pay growth are helping keep inflation even lower than the Fed’s 2 percent target rate. Many economists think inflation may fail to reach even 1 percent this year. A result is that the Fed could feel pressure to avoid raising rates anytime soon.

“There is still room for stimulus without having to worry about inflation taking off,” Strain said.

Most economists forecast that the U.S. economy will expand more than 3 percent this year. If it does, 2015 would mark the first time in a decade that growth has reached that level for a calendar year.

In December, hiring was widespread across most industries. Construction firms added 48,000 jobs, the most since January. Manufacturers gained 17,000.

One industry where hiring slowed in December was retailing, which cut back after staffing up in November for the holiday shopping season.

Overall, American businesses have been largely shrugging off signs of economic weakness overseas and continuing to hire at solid rates. The U.S. economy’s steady improvement is especially striking compared with the weakness in much of the world.

Europe is barely growing, and its unemployment rate is nearly double the U.S. level. Japan, the world’s third-largest economy, is in recession. Russia’s economy is cratering as oil prices plummet. China is straining to manage a slowdown. Brazil and others in Latin America are struggling.

Fears about significantly cheaper oil spooked investors earlier this week before financial markets recovered. But most economists remain optimistic that lower energy prices will benefit U.S. consumers and many businesses.

The drop in average hourly pay last month to $24.57 followed a downward revision to November’s average pay gain. Hourly pay over the past two months has now risen just a penny.

During 2014, average wages rose just 1.7 percent, not much above the inflation rate, which was 1.3 percent. As hiring ramps up and the unemployment rate falls, those pressures should, at least in theory, compel employers to raise pay to attract workers. But that trend has yet to emerge.

“The continued listless performance of hourly earnings is an ongoing frustration,” Richard Moody, an economist at Regions Financial.

The fall in average pay may actually reflect economic strength, said John Silvia, chief economist at Wells Fargo. Silvia suggested that the healthy hiring of recent months means that “many of these new hires are entry-level workers and would be paid less” than experienced employees.

Last month, the number of unemployed fell 383,000 to 8.7 million. Fewer than one-third of people out of work found jobs; the rest stopped looking. The percentage of Americans who are either working or looking for work fell back to a 37-year low last touched in September.

The brightening jobs picture has healed some of the deep scars left by the Great Recession. The number of people who have been unemployed for more than six months fell 27 percent last year. And the number working part time who would prefer full-time work dropped 12 percent.

Still, to keep up with population growth since the recession began, the economy would need to create 4.9 million additional jobs, according to the Brookings Institution.

Economists expect more healing this year. Goldman Sachs estimates that additional spending on restaurants, auto dealers and other goods and services resulting from lower energy prices will lead to 300,000 more jobs this year than if oil prices had remained at their levels of six months ago.

Spending at retail stores and restaurants rose in November by the most in eight months, an early sign that Americans are spending some of the savings they are enjoying on gas-pump prices.

___

AP Economics Writer Josh Boak contributed to this report.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Activism

OP-ED: AB 1349 Puts Corporate Power Over Community

Since Ticketmaster and Live Nation merged in 2010, ticket prices have jumped more than 150 percent. Activities that once fit a family’s budget now take significant disposable income that most working families simply don’t have. The problem is compounded by a system that has tilted access toward the wealthy and white-collar workers. If you have a fancy credit card, you get “presale access,” and if you work in an office instead of a warehouse, you might be able to wait in an online queue to buy a ticket. Access now means privilege.

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Bishop Joseph Simmons, Senior Pastor, Greater St. Paul Baptist Church, Oakland
Bishop Joseph Simmons, Senior Pastor, Greater St. Paul Baptist Church, Oakland

By Bishop Joseph Simmons, Senior Pastor, Greater St. Paul Baptist Church, Oakland

As a pastor, I believe in the power that a sense of community can have on improving people’s lives. Live events are one of the few places where people from different backgrounds and ages can share the same space and experience – where construction workers sit next to lawyers at a concert, and teenagers enjoy a basketball game with their grandparents. Yet, over the past decade, I’ve witnessed these experiences – the concerts, games, and cultural events where we gather – become increasingly unaffordable, and it is a shame.

These moments of connection matter as they form part of the fabric that holds communities together. But that fabric is fraying because of Ticketmaster/Live Nation’s unchecked control over access to live events. Unfortunately, AB 1349 would only further entrench their corporate power over our spaces.

Since Ticketmaster and Live Nation merged in 2010, ticket prices have jumped more than 150 percent. Activities that once fit a family’s budget now take significant disposable income that most working families simply don’t have. The problem is compounded by a system that has tilted access toward the wealthy and white-collar workers. If you have a fancy credit card, you get “presale access,” and if you work in an office instead of a warehouse, you might be able to wait in an online queue to buy a ticket. Access now means privilege.

Power over live events is concentrated in a single corporate entity, and this regime operates without transparency or accountability – much like a dictator. Ticketmaster controls 80 percent of first-sale tickets and nearly a third of resale tickets, but they still want more. More power, more control for Ticketmaster means higher prices and less access for consumers. It’s the agenda they are pushing nationally, with the help of former Trump political operatives, who are quietly trying to undo the antitrust lawsuit launched against Ticketmaster/Live Nation under President Biden’s DOJ.

That’s why I’m deeply concerned about AB 1349 in its current form. Rather than reining in Ticketmaster’s power, the bill risks strengthening it, aligning with Trump. AB 1349 gives Ticketmaster the ability to control a consumer’s ticket forever by granting Ticketmaster’s regime new powers in state law to prevent consumers from reselling or giving away their tickets. It also creates new pathways for Ticketmaster to discriminate and retaliate against consumers who choose to shop around for the best service and fees on resale platforms that aren’t yet controlled by Ticketmaster. These provisions are anti-consumer and anti-democratic.

California has an opportunity to stand with consumers, to demand transparency, and to restore genuine competition in this industry. But that requires legislation developed with input from the community and faith leaders, not proposals backed by the very company causing the harm.

Will our laws reflect fairness, inclusion, and accountability? Or will we let corporate interests tighten their grip on spaces that should belong to everyone? I, for one, support the former and encourage the California Legislature to reject AB 1349 outright or amend it to remove any provisions that expand Ticketmaster’s control. I also urge community members to contact their representatives and advocate for accessible, inclusive live events for all Californians. Let’s work together to ensure these gathering spaces remain open and welcoming to everyone, regardless of income or background.

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Activism

Oakland Post: Week of December 31, 2025 – January 6, 2026

The printed Weekly Edition of the Oakland Post: Week of – December 31, 2025 – January 6, 2026

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To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

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Big God Ministry Gives Away Toys in Marin City

Pastor Hall also gave a message of encouragement to the crowd, thanking Jesus for the “best year of their lives.” He asked each of the children what they wanted to be when they grow up.

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From top left: Pastor David Hall asking the children what they want to be when they grow up. Worship team Jake Monaghan, Ruby Friedman, and Keri Carpenter. Children lining up to receive their presents. Photos by Godfrey Lee.
From top left: Pastor David Hall asking the children what they want to be when they grow up. Worship team Jake Monaghan, Ruby Friedman, and Keri Carpenter. Children lining up to receive their presents. Photos by Godfrey Lee.

By Godfrey Lee

Big God Ministries, pastored by David Hall, gave toys to the children in Marin City on Monday, Dec. 15, on the lawn near the corner of Drake Avenue and Donahue Street.

Pastor Hall also gave a message of encouragement to the crowd, thanking Jesus for the “best year of their lives.” He asked each of the children what they wanted to be when they grew up.

Around 75 parents and children were there to receive the presents, which consisted mainly of Gideon Bibles, Cat in the Hat pillows, Barbie dolls, Tonka trucks, and Lego building sets.

A half dozen volunteers from the Big God Ministry, including Donnie Roary, helped to set up the tables for the toy giveaway. The worship music was sung by Ruby Friedman, Keri Carpenter, and Jake Monaghan, who also played the accordion.

Big God Ministries meets on Sundays at 10 a.m. at the Mill Valley Community Center, 180 Camino Alto, Mill Valley, CA Their phone number is (415) 797-2567.

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