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 consumer inflation (CPI) report ...
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts ...
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
The Labor Department released its final jobs report for 2024 this morning. It showed another strong month of job growth, with ...
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
As President Joe Biden prepares to leave office, he's leaving behind an extraordinary success story on American job growth, ...
President Joe Biden will end his term with a relatively healthy labor market as the United States added a surprising 256,000 ...
President Joe Biden delivers remarks on Friday’s December Jobs Report at 5 p.m. ET. CLICK HERE TO READ MORE FROM THE ...
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