U.S. Employers Add 256,000 Jobs in December

A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.

Topics

Treasury yields jump after US jobs report smashes expectations

Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cuts
Financial Times - 37m
Surprising December jobs growth is denting chances of a first-half Fed rate cut

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...
MarketWatch - 1h
Miami, Messi add Peru, Panama to preseason tour

Inter Miami announced on Friday that the team will travel to Peru and Panama to compete in two preseason matches, touring across North, South and Central America before the 2025 MLS campaign kicks ...
ESPN - 2h
Here’s where the jobs are for December 2024 – in one chart

December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.
CNBC - 3h
The Most-Downloaded PS5 Games Of December 2024

Sony has shared the most-downloaded PlayStation 5 games of December 2024, and to no one's surprise, Call of Duty: Black Ops 6 once again retains its stranglehold on the No. 1 slot. It's simply ...
GameSpot - 3h
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups

Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.
CNBC - 4h
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%

The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...
NBC News - 7h
Tech Employers: Please Get Smarter With Your Job Titles

Vague job descriptions and titles are making hiring even harder.
Inc. - 13h
Meta Adds UFC's Dana White to Board

Meta said UFC President Dana White, Exor CEO John Elkann and technology investor Charlie Songhurst were elected as new members of its board of directors.
The Wall Street Journal - 4d
U.S. Employers Add 256,000 Jobs in December

A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.
The New York Times - 3h
December jobs report exceeds expectations

The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.
CBS News - 5h
Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
CBS News - 6h
US job market soars past expectations in last report before Trump retakes White House

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...
The Guardian - 7h
US adds whopping 256K jobs in December

The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...
The Hill - 8h
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market

President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.
NBC News - 8h
December jobs report expected to show hiring slowdown

The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...
CBS News - 9h
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports

After a contentious negotiation, the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract.
CNBC - 1d
December jobs report forecast is 155,000. But here’s the number investors really should watch.

Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.
MarketWatch - 1d
Private sector companies added 122,000 jobs in December, less than expected, ADP says

Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
CNBC - 2d
Jim Cramer looks ahead to Friday's employment data: 'We’re at the mercy of macro numbers'

CNBC's Jim Cramer reviewed Tuesday's market-wide decline.
CNBC - 2d
Services index shows big jump in prices for December as companies fear tariffs

The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.
CNBC - 3d
WPP becomes latest global employer to tighten working from home rules

Advertising group says its 110,000 staff must be in office at least four days a week
Financial Times - 3d
Euro zone inflation rose to 2.4% in December, meeting expectations

Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.
CNBC - 3d
UK house prices dipped in December, says Halifax

Decline is first for nine months although prices still 3.3% above last year
Financial Times - 3d
December sales provide little cheer for retailers

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.
BBC News - 3d
U.S. Adds Tencent to Chinese Military Companies Blacklist

Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
The New York Times - 3d
US adds Tencent and CATL to blacklist of companies working with China’s military

Shares of WeChat owner and EV battery maker fall after defence department discloses designation
Financial Times - 3d
Meta Adds UFC's Dana White to Board

Meta said UFC President Dana White, Exor CEO John Elkann and technology investor Charlie Songhurst were elected as new members of its board of directors.
The Wall Street Journal - 4d
German inflation rises more than expected to 2.9% in December

German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.
CNBC - 4d
German inflation rate climbs to 2.6% in December

Yahoo News - 4d
How to Add Red to Your Wardrobe

Red is often thought of as a statement color, but it can be incorporated into your wardrobe in lots of different ways.
The New York Times - 5d
Did the US jobs market hold up?

Market Questions is the FT’s guide to the week ahead
Financial Times - 5d
5 Employment Law Changes Set to Hit the Workplace in 2025

New legislation and ongoing legal battles mean employers have a lot to keep on top of this year, from pay transparency to workplace safety issues.
Inc. - Jan. 3
Shops offered grottos and wine to combat 'drab' December

Small businesses are offering incentives to entice customers as consumer confidence remains low.
BBC News - Jan. 3
New York Employers Must Now Offer Paid Medical Leave During Pregnancy

All private companies in the state must now grant at least 20 hours of paid leave to employees to attend prenatal medical appointments under a law that went into effect Jan. 1.
Inc. - Jan. 2
UK house prices rise more than expected in December

Month-on-month increase of 0.7% takes average house price close to record high
Financial Times - Jan. 2
BYD, Chinese EV Peers Post Record Sales for December

Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.
The Wall Street Journal - Jan. 1