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.

  • @DarkFuture
    link
    English
    13 hours ago

    I’m assuming idiot Americans will do what they always do and blame the party that is historically better for our economy, has a voting record of voting in favor of the middle/lower classes, hasn’t stripped half of Americans of a federally protected human right, and has WAY less convicted criminals in their ranks.

    Americans = Stupid