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US unemployment fell to 4.1% in December amid strong job growth, impacting future Fed interest rate cuts as the economy displays resilience.
Biden boasts about record job growth during his presidency, asserting the economy is the strongest in the world as job numbers exceed expectations.
Surprising job growth in the US reduces expectations for further interest rate cuts, signaling a robust economy.
The US job market remains robust with 256,000 jobs added in December, lowering unemployment to 4.1%, but concerns linger over high-interest rates.
Biden's presidency ends with significant labor improvements, marking the lowest unemployment since Clinton, but inflation dampens wage gains.
Traders foresee the Fed cutting rates only once in 2025, driven by robust job market data and cautious economic outlook.
US job growth in December surprises economists as unemployment dips to 4.1%, indicating ongoing resilience in the labor market despite economic uncertainties.
U.S. job openings rose to 8.1 million in November, signaling resilience in the labor market despite cooling economic conditions.
US employers showed moderation in hiring in December as the economy anticipates continued job growth into 2025.
Explore the top 10 STEM courses to study in the US for 2025, including career prospects, growth rates, and leading institutions.
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