Unpacking The December Jobs Report: Beneath The Surface, Reasons To Question The Optimism
The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000.
The monthly jobs report for December, released today, reveals that U.S. employers added 216,000 jobs last month, surpassing expectations of 170,000.
In the latest economic update, our GDP, encompassing all the goods and services we produce, increased by 4.9% in Q3 this year, revised down from the initial 5.2%.
The Federal Reserve decided to pause interest rate hikes for the second time in a row, keeping the federal funds rate within a range of 5.25% to 5.5%.
The July monthly jobs report is out, showing that U.S. employers added 187,000 jobs. The unemployment rate also decreased from 3.6% to 3.5%.
The U.S. economy grew slower than expected in the first quarter of this year.
The monthly jobs report for March is out, showing U.S. employers added 236,000 jobs last month, which is good, but slightly below expectations, and the unemployment rate decreased from 3.6% to 3.5%.