US job growth expected to slow in December, unemployment rate to remain stable.

From Investing.com: 2025-01-06 03:39:01

US employers are expected to have added 160,000 jobs in December, marking a slowdown in job growth for 2024. Economists predict stable economic growth in 2025, with the unemployment rate remaining at 4.2%. The Federal Reserve is likely to maintain a gradual approach to interest rate cuts.

Citigroup projects December payrolls increased by 120,000, while Nomura expects job gains to remain strong at 180,000. Both firms anticipate a cooling labor market. Morgan Stanley forecasts a payroll increase of 150,000, indicating a solid but slowing labor market in December.



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