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US Adds Only 50K Jobs In December, Missing Estiamtes, But Unemployment Rate Drops To 4.4%
Ahead of today's jobs report, expectations were that the NFP number would show another rebound from the terrible Sept/Oct prints, but remain muted (or else spark fears about reheating and an end to the Fed's easing cycle). Well, that's precisely what we got moments ago when the BLS reported that in December the US gained 50K jobs, a modest miss to estimates of 50K, but smack in the middle of JPM's sweet spot range of 35K-75K (as previewed earlier) which would be best for the market. The change in total nonfarm payroll employment for October was revised down by 68,000, from -105,000 to -173,000, and the change for ... (full story)
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Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, and social assistance. Retail trade lost jobs. This news release presents statistics from two monthly ...
From kiplinger.com | Jan 9, 2026
The December jobs report came in lighter than expected, but a lower unemployment rate is likely to encourage the Federal Reserve to keep interest rates unchanged when it meets later this month. Still, market participants are hopeful for at least two rate cuts this year. According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 50,000 in ...
A drop in the unemployment rate may ease concerns at the U.S. central bank about labor market weakness, with traders betting Federal Reserve Chair Jerome Powell has delivered his last interest rate cut before his term ends in May and leaving any further policy easing in the hands of whomever President Donald Trump taps as Powell's successor. The ...
