U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

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…

Trump 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.

U.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…

U.S. job growth outpaces projections for December

An analyst discussed what the employment numbers mean and who should get credit.