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.
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 Reserve decision on January 29.
December jobs report shows unemployment fell to 4.1%, 256,000 jobs added to finish 2024 on high note
The US economy added more jobs than forecast in December while the unemployment rate unexpectedly fell. Data from the Bureau of Labor Statistics released Friday showed 256,000 new jobs were created in December,
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%
Jobs Report Today: December Hiring Smashes Estimates
Payrolls: 256,000 jobs added in December vs. 153,000 expected, according to economists surveyed by FactSet. Unemployment rate: 4.1%, down from 4.2% in November. Revisions: October
December Jobs Report: Labor Market Grew Faster Than Expected As Unemployment Clocks In At 4.1%
Friday’s jobs report was “even more important” than normal as the market adjusts its assessment of the direction of the economy.
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
US economy wows with 256,000 jobs added in December, more than expected
December's jobs figure is even higher than November's, which experts say was skewed by people returning to work from strikes and hurricanes.
December Jobs Report Tops Expectations
The U.S. economy likely added 155,000 jobs in December, according to a consensus forecast of economists polled by The Wall ...
Jobs Report: Bond Yields Rise And Stocks Fall
Stocks and bonds declined in response to much better-than-expected job growth. This week's consumer inflation (CPI) report ...
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.
Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
"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%," ...