Updated: 11:15 a.m. ET Job growth was modest in December, and the U.S. unemployment rate was basically unchanged in the latest report from the U.S. Labor Department. For Wall Street, that was good news, and the major averages all moved higher. The economy created about 50,000 jobs during the month. Estimates had ranged from that level to around 70,000, the department said in its report, released Friday morning, Jan. 9. The unemployment rate fell very slightly from 4.5% to 4.4%. But the report cut the ...