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 ...
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the ...
1don MSN
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
1don MSN
Friday’s jobs report was “even more important” than normal as the market adjusts its assessment of the direction of the ...
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