US Labor Market
Monthly employment data from the Bureau of Labor Statistics and ADP often show differences in their figures, yet they follow the same direction over extended periods. This alignment provides a reliable view of the US labor market despite short-term variations. Jobs information is key to understanding consumer spending, which drives about two-thirds of the US economy.
Iniulat ng AI
U.S. employment rose by just 50,000 jobs in December, missing economist expectations, amid losses in key sectors like retail and manufacturing. The unemployment rate fell to 4.4%, while wage growth held steady at 3.8% year-over-year. Businesses cited uncertainty from AI investments and tariffs as reasons for cautious hiring.