Summary

The U.S. added 256,000 jobs in December, lowering the unemployment rate to 4.1%, outperforming expectations and reflecting a resilient labor market as President Biden leaves office.

Despite earlier inflation overshadowing a strong labor recovery post-COVID, hiring remains steady, layoffs subdued, and job openings rising.

Forecasters predict gradual hiring growth in 2025, with small-business optimism and easing Federal Reserve policies driving gains.

Economic indicators, like increased consumer borrowing for auto purchases, suggest mixed but improving confidence.

  • theonlytruescotsman@sh.itjust.works
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    5 hours ago

    No, you can’t here. You cannot criticize the Dems without being up Trump, else people think you’re supporting Trump. This is a .world community, like post 2009 reddit, binary thinking is the only thing allowed here.