December jobs report: Strong 256,000 increase raises fresh inflation worries
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest employment reports masks recent softness in the labor market. The increase in new jobs in December, for example, was centered on just four industries: Health care, government, retail and leisure and hospitality.
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
The Labor Department released its jobs report for December, which showed the U.S. economy added 256,000 jobs last month, well ...
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Treasury yields were climbing Friday as investors weighed a jobs report that was stronger than Wall Street expected. The yield on the 10-year Treasury note was up about 10 basis points at around 4.78% ...
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
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