Strong December Jobs Report Kills Chances Of A January Fed Rate Cut
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal Reserve decision on January 29.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.
US added 256,000 jobs in December; unemployment rate dips to 4.1%
The monthly number beat forecasters' expectations of around 155,000 new jobs
Jobs report shock has big implications for Fed rate bets, Treasury yields
Updated at 9:04 AM EST
December jobs report: U.S. added 256,000 non-farm jobs, beating expectations
Jan. 10 (UPI) -- The U.S. economy created 256,000 jobs in December, much stronger than what was predicted by Wall Street experts and more than 40,000 from the previous month, the Labor Department said in its report released on Friday.
US payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
December Jobs Report: Labor Market Grew Faster Than Expected As Unemployment Clocks In At 4.1%
Friday’s jobs report was “even more important” than normal as the market adjusts its assessment of the direction of the economy.
last updated on 10 Jan 19:48