🔸US Unemployment Rate 4.4% | Forecast 4.5% | Previously 4.6%



🔸US Non-Farm Payrolls Increase by 50K | Forecast 73,000

The US labor market wraps up 2025 with signs of cooling down. The number of new jobs in December was below expectations, but the unemployment rate decreased.

🔸 Job growth continues to be concentrated in the hospitality, healthcare, and social support sectors, while retail jobs declined

🔸 Specifically, the hospitality and bar industry added 27K jobs, while retail lost 25K jobs

🔸 Average hourly earnings increased by $0.12, equivalent to +0.3%
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