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%
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market cooled substantially in 2024, as employers sharply curtailed hiring and workers faced increasing difficulty finding jobs, although there are no signs of a recession.
December jobs report: U.S. added 256,000 non-farm jobs, beating expectations
The economy created 256,000 jobs in December, much stronger than what was predicted by Wall Street experts and more than 40,000 from the previous month, the Labor Department in its report released on Friday.
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
The US economy ended 2024 with a bang, adding more jobs than expected in December while unemployment ticked down
The labor market showed unexpected signs of strength in December.
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.
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.
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...