December jobs report: Strong 256,000 increase raises fresh inflation worries
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.
Jobs report today: U.S. added booming 256,000 jobs in December, unemployment at 4.1%
Employers added 256,000 jobs in December despite uncertainty over President-elect Donald Trump's policies. Unemployment dipped to 4.1%
Employers Added 256K Jobs in December, Above Forecasts
Payrolls expanded by 256,000 in December, handily beating estimates, while the unemployment rate fell slightly as the labor market ended the year with a bang. The monthly jobs report from the Labor Department showed gains were strongest in health care,
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate also improved, according to data released Friday by the Bureau of Labor Statistics,
Hiring Blew Past Expectations With 256,000 Jobs Added in December
The U.S. economy added 256,000 jobs in December and the unemployment rate edged down to 4.1%, the Labor Department said Friday. Last month’s gain in nonfarm payrolls was the biggest since March and well above the 155,
US job growth blows away expectations in December, unemployment falls
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.
US Adds 256K Jobs in December, Normalizing After Strikes, Storms
The Labor Department reported Friday that job growth increased in December, rising from November's total of 212,000.
Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
Top Industries Where Pay Is Outpacing Inflation—And Where It's Not
The average American worker's pay increased at about the same rate as inflation in December, but pop the hood and you'll find some workers fared better than others.
India consumer inflation likely eased in December: Reuters poll
Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a Reuters poll of ...
Norway Core Inflation Slows More Than Expected in December
Norway’s underlying inflation eased more than expected at the end of the year, in evidence that the aggressive stance of its ...
What BofA says it would take for the Fed's next rate move to be a hike
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
Mexico's annual inflation eases in December, supporting further rate cuts
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting ...
Job growth skyrocketed in December, boosting one of the strongest labor markets in US history
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
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Inflation may drop to 27% by December – Report
Nigeria’s inflation rate is projected to decline to 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC ...
Mexico's annual inflation eases in December
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting ...
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December ...