The U.S. labor market cooled substantially in 2024, as employers sharply curtailed hiring and workers faced increasing difficulty finding jobs, although there are no signs of a recession.

Employers added 256,000 jobs in December, blowing past economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation.

In a big surprise for economists, the U.S. economy added 256,000 jobs in December, dropping the unemployment rate to 4.1%. The consensus estimate on Decemb

The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate improved, inching down to 4.1 percent from 4.

The U.S. economy added 256,000 jobs last month and the unemployment rate edged down, the Labor Department said.

The Labor Department released its jobs report for December which showed the U.S. economy added 256,000 jobs last month, well above economists' expectations.

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,

U.S. economy added a strong 256,000 jobs in December and the unemployment rate dipped to 4.1%. Russia is feeling the full impact of sanctions and the strain could force an end to the war this year, th