US EditionU.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
- U.S. employers added 256,000 jobs in December, bringing the total number of jobs gained in 2024 to 2.2 million.
- The unemployment rate in December fell to 4.1%, down from 4.2% in November, and held steady around 4% throughout 2024.
- Workers saw earnings improve, making 3.9% more per hour at the end of 2024 compared to the end of 2023.
- The Federal Reserve cut its benchmark interest rate as inflation appeared to cool, according to Russell Weaver.
198 Articles
198 Articles
The U.S. labour market once again challenged an early slowdown, with companies adding more than a quarter of a million jobs in the last month of 2024 and leaving the Federal Reserve (Fed) money managers in doubt as to whether further cuts to interest rates are needed in a strong economy.
Report: Employers add 256K jobs last month
WASHINGTON — U.S. job growth surged and unemployment fell last month, a show of strength that may prove costly to homebuyers and businesses who were counting on sharply lower interest rates to lower the cost of buying everything from refrigerators…
America First Report
NOQ ReportTrump Effect: U.S. Economy Added 256,000 Jobs in December, Unemployment Rate Fell
Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent. Economists had been expecting 153,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 212,000 from 227,000. Most of the job creation in December came from the private sector, which added 223,000 workers. Economists had …
Veterans Still on a Roll in Jobs Market with Low Unemployment Rate of 2.8% in December
Veterans in the workforce posted another solid showing in the final monthly jobs report of the Biden administration with a 2.8% unemployment rate that was well below the national average, the Labor Department said Friday.
Japan Today
Raw StoryU.S. hiring beats expectations in December to cap solid year
U.S. job gains soared past expectations in December, according to government data released Friday, in a sign the labor market remains healthy shortly before President-elect Donald Trump's inauguration this month. This indicates he is set to inherit an economy in relatively good shape, despite running an election campaign in which…
Recruitments in the US increased in December, with an increase of 256,000 jobs, in another sign of the economy's resilience to high interest rates.
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