December’s jobs report came in hotter than expected with the US adding 216,000 jobs, defying predictions of a cooling labor market. The surprise strength of wages and hiring comes ahead of the Federal Reserve’s interest rate cuts anticipated for 2024.
Yahoo Finance’s Jennifer Schonberger analyzes December’s upside employment surprise, discussing the Fed’s predicament as labor resilience challenges the disinflation narrative underpinning imminent rate relief.
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Who miss trump economy of 9% unemployment , broken supply chain,empty shelves
Good time to buy stocks
The federal reserve just talk about rate cuts on Bloomberg
216,000 jobs in December …. 300,000+ migrants over the border not couting got-aways … you do the math
There are 7.25 million working age men not working and not counted on the payrolls. Most of the new called job creation is just people returning to work
More than that. It appears that the most increase is associated with government sponsored jobs, not in the private sector. This is more government engineered charade before the 2024 election.
Yahoo News is turning Communist. if they don’t like your side of a reply to a news item, they reject it, if your for the loosing side. is this still America?