December Jobs Reports: Giving The Fed Good Reason To Stay Put In January

Principal Financial Group

  • The December jobs report showed a 256,000 gain in payrolls, the most added in a single month since March 2024 and well above consensus expectations.
  • Total non-farm payrolls increased by a solid 256,000 in December, the most added since March 2024 and well above consensus expectations, which had been calling for 165,000.
  • Overall job growth was broad-based across industries, though remained most pronounced in non-cyclical areas of the economy.

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By Christian Floro, CFA, CMT, Market Strategist

The December jobs report showed a 256,000 gain in payrolls, the most added in a single month since March 2024 and well above consensus expectations. Job growth was also broad-based, with both non-cyclical and

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