Reported about 19 hours ago
The upcoming December jobs report is anticipated to show a slowdown in hiring with an increase of 165,000 nonfarm payrolls while maintaining the unemployment rate at 4.2%. Despite a previous downturn in November, where only 227,000 jobs were added and the unemployment rate rose, analysts are observing a still tight labor market. Additionally, recent data indicates a low number of layoffs and rising job openings, although the hiring rate has slightly decreased. The report, set to be released on Friday, could influence the Federal Reserve's approach to interest rates.
Source: YAHOO