U.S. economy ends 2024 with a bang, adding 256,000 jobs in December
The U.S. economy added 256,000 jobs in the final month of 2024, while the unemployment rate ticked down to 4.1%, the Labor Department said on Friday. Why it matters: Hiring unexpectedly roared in December, capping a year of resilient labor market conditions that defied naysayers and kept the economy humming. The report is being watched closely by Federal Reserve officials. Friday’s…
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