The last read on U.S. job growth in 2022 showed the labor market remained strong in the final month of the year, even as the Federal Reserve raised interest rates to the highest level in 15 years.
The Labor Department published its monthly jobs report for December at 8:30 a.m. ET on Friday. Here are highlights from the release, compared to Wall Street estimates compiled by Bloomberg:
-
Non-farm payrolls: +223,000 vs. +202,000 expected
-
Unemployment rate: 3.5% vs. 3.7% expected
-
Average hourly…
Source link
