US Labor Market

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U.S. job growth slows to 50,000 in December with unemployment at 4.4%

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.

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