The U.S. economy unexpectedly saw a slowdown in hiring in December compared to November, while the unemployment rate improved to a fresh pandemic-era low.
The Labor Department released its December jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:
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Non-farm payrolls: +199,000 vs. +450,000 expected and a revised +249,000 in November
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Unemployment rate: 3.9% vs. 4.1% expected and 4.2% in November
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Average hourly…
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