Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth.
Stock market futures rose following the release as investors look for signs that the jobs market is cooling and taking inflation lower as well. Primarily, the Fed is looking to bridge a gap between demand and supply. As of November, there were about 1.7 job openings for every available worker, an imbalance that has held steady despite the Fed’s rate hikes. The strong demand has pushed wages higher, though they mostly haven’t kept up with inflation.
Holiday hires. This literally means nothing.
Thank you Joe Biden.
What is it? Another news media says it the other way around!
Good to hear.
And Joe has his highest approval ratings in over a year at 44.5% per 538
Lawrence Can't news orgs just report when it's good financial news without the 'HOWEVER' when a DEM is president. They did this EVERY MONTH with Obama yet NEVER ONCE during Trump.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
he just keeps winning
Lawrence I bet we will not hear about this on any of the cable ( even msnbc) or network shows
but we keep hearing the GOP and FoxNews report how bad everything is. They wouldnt continue to lie to America would they?
the rightwing crybaby commenters sure are mad that Biden is doing a good job...I think many are actually Putin bots.
DemocratsDeliver
Lawrence Hoping I'll get one of those
No thanks to the GOP.
December job numbers never mean anything as many hire just for the holidays. Wake me up in a month.
Labor market is going to tank in 2023! Hold on
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
US employers added solid 223,000 jobs in December in sign of still-robust labor marketUS employers added a solid 223,000 jobs in December in sign of a still-robust labor market despite Fed rate hikes.
Fonte: TucsonStar - 🏆 339. / 59 Leggi di più »
US employers added solid 223,000 jobs in December in sign of still-robust labor marketUS employers added a solid 223,000 jobs in December in sign of a still-robust labor market despite Fed rate hikes.
Fonte: dothaneagle - 🏆 337. / 59 Leggi di più »
New projects in North Texas for December 30, 2022-January 3, 2023 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Fonte: DallasBizNews - 🏆 525. / 51 Leggi di più »