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.
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
The U.S. economy likely added 155,000 jobs in December, according to a consensus forecast of economists polled by The Wall ...
2don MSN
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
The Labor Department released its final jobs report for 2024 this morning. It showed another strong month of job growth, with ...
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
Acting US Labor Secretary Julie Su says the Biden administration is handing over a strong economy but more work needs to be ...
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