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U.S. payrolls increased by 216,000 in December, much better than expected

  • The American labor market remains strong, adding 216,000 jobs in December, exceeding November's job gain, and keeping the unemployment rate below 4% for 23 straight months.
  • However, the proportion of people in the labor force fell to its lowest level since February, which may ease pressure on employers to raise pay sharply.
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  • 47% of the sources are Center
47% Center

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abc News broke the news in New York, United States on Thursday, January 4, 2024.
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