US Labor Market Ends 2024 Strong with 256,000 Jobs Added in December and Unemployment Rate Falling to 4.1%
In December, the U.S. economy saw stronger job growth than expected, adding 256,000 new jobs, compared to the anticipated 165,000. The unemployment rate also dropped unexpectedly from 4.2% to 4.1%, marking the best job gains since March 2023. Wage growth remained steady at 0.3% for the month, with annual wage increases at 3.9%. This positive ...
