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Business - Economy - January 10, 2025

US adds a strong 256,000 jobs in December as unemployment rate dipped to 4.1%

US adds a strong 256,000 jobs in December as unemployment rate dipped to 4.1%

U.S. employers added 256,000 jobs in December, revealing the economy’s unexpected resilience despite high interest rates and potential disruptions. Job growth rose from November, and the unemployment rate decreased to 4.1%. While hiring remains solid, it is slowing compared to peak years, with total job creation hitting approximately 2.1 million for the year.

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