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 ...
The Labor Department released its jobs report for December, which showed the U.S. economy added 256,000 jobs last month, well ...
"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%," ...
A rate cut from the Federal Reserve was already very unlikely this month, and the December jobs report [slammed the door shut ...
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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