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.
The U.S. economy likely added 155,000 jobs in December, according to a consensus forecast of economists polled by The Wall ...
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy ...
President Biden will deliver remarks Friday evening about the state of the economy and the most recent jobs report, which ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
President Biden on Friday urged President-elect Donald Trump to keep his economic agenda in place, arguing that he’s leaving ...
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