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US Adds Only 50K Jobs In December, Missing Estiamtes, But Unemployment Rate Drops To 4.4%
Ahead of today's jobs report, expectations were that the NFP number would show another rebound from the terrible Sept/Oct prints, but remain muted (or else spark fears about reheating and an end to the Fed's easing cycle). Well, that's precisely what we got moments ago when the BLS reported that in December the US gained 50K jobs, a modest miss to estimates of 50K, but smack in the middle of JPM's sweet spot range of 35K-75K (as previewed earlier) which would be best for the market. The change in total nonfarm payroll employment for October was revised down by 68,000, from -105,000 to -173,000, and the change for ... (full story)
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- Jan 9, 2026 8:43am Posted byFundamental Analysis2,403
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