US: Employment Slows Modestly in December, While the Unemployment Rate Returns to 50-year Low

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US: Employment Slows Modestly in December, While the Unemployment Rate Returns to 50-year Low

The U.S. economy added 223k jobs in December, slightly above the consensus forecast for 200k. Revisions to the two prior months were negative, subtracting 28k from the previously reported figures. For the year, non-farm payrolls showed the U.S. economy added 4.5 million jobs and ended the year with employment 0.8% above pre-pandemic levels. Employment gains […]

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Source: US: Employment Slows Modestly in December, While the Unemployment Rate Returns to 50-year Low