Job Growth Was Hotter Than Expected Last Month

“Job growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates this year,” CNBC reports. “Nonfarm payrolls surged by 256,000 for the month, up from 212,000 in November and above the 155,000 forecast from the Dow Jones consensus.”

Topics:  december   federal reserve   cnbc    nonfarm   november   dow jones   expected   month   job growth   
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