December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest employment reports masks recent softness in the labor market. The increase in new jobs in December, for example, was centered on just four industries: Health care, government, retail and leisure and hospitality.
Stocks and bonds declined in response to much better-than-expected job growth. This week's CPI report could further pressure ...
The U.S. economy likely added 155,000 jobs in December, according to a consensus forecast of economists polled by The Wall ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
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