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December Jobs Report: U.S. Adds More Than Expected 256,000 Nonfarm Payroll Jobs

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the staff of the Ridgewood blog

Ridgewood NJ, the U.S. job market showed continued resilience in December, with total nonfarm payroll employment increasing by 256,000, according to the Bureau of Labor Statistics (BLS). The unemployment rate remained stable at 4.1%, marking seven months of consistent rates between 4.1% and 4.2%.

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U.S. Job Market Stalls as October Jobs Report Disappoints, Raising Concerns Ahead of Election Day

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the staff of the Ridgewood blog

Ridgewood NJ, in a turn that has economists and voters taking notice, the Bureau of Labor Statistics reported on Friday that the U.S. added only 12,000 nonfarm payroll jobs in October, marking the slowest monthly growth since December 2020. This comes as a sharp contrast to September’s 223,000 jobs added, indicating an unexpected slowdown in hiring.

Continue reading U.S. Job Market Stalls as October Jobs Report Disappoints, Raising Concerns Ahead of Election Day