Slower Employment Growth in the United States Is Predicted in December, With Annual Salary Increases Likely to Be Less Than 4%

The Labor Department’s carefully anticipated jobs report on Friday is also likely to show the unemployment rate rising to 3.8% last month from 3.7% in November.

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Slower Employment Growth in the United States Is Predicted in December, With Annual Salary Increases Likely to Be Less Than 4%

The Labor Department’s carefully anticipated jobs report on Friday is also likely to show the unemployment rate rising to 3.8% last month from 3.7% in November.

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According to the research, the economy averted a recession last year and is expected to rise through 2024 as labor market resiliency boosts consumer spending.

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Right now, employers are hiring to keep the doors open, rather than to expand, but they’re also not letting workers go

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That’s close to the ‘Goldilocks’ job market that the Fed has been trying to achieve.

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According to a Reuters poll of experts, nonfarm payrolls likely grew by 170,000 last month after increasing by 199,000 in November.

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According to a Reuters poll of experts, nonfarm payrolls likely grew by 170,000 last month after increasing by 199,000 in November.

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