More Jobs Data This Coming Week: Nothing to Suggest a Change in Trend is Afoot

From Investing.com: 2025-01-06 01:43:00

The US job market remains strong with consistent weekly jobless claims hovering between 210k – 230k. Despite fed funds rate hikes, job growth remains steady with November ’24 reporting 227k overall job creation and 194k private payrolls. Unemployment rate slightly crept up, but trends show solid job market performance. Earnings data looks healthy, but 2025 guidance will be crucial. Despite economic uncertainties, US economy continues to thrive. Investors remain optimistic, but reasons for potential slowdown or recession are welcomed for discussion. Remember, past performance is not indicative of future results. Stay informed and cautious in your investment decisions.



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