Inflation ticked up in Dec., CPI report shows
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The Bureau of Labor Statistics released its jobs report, showing that the US added 50,000 jobs in December, and the unemployment rate dropped to 4.4%.
US December payrolls rise 50,000, less than consensus estimates. The jobless rate edged down to 4.4% after the government shutdown ended. Private payroll gains were weak and factory jobs fell again.
Forecasters believe U.S. employment numbers expanded modestly in December, extending a streak of labor market weakness that has prompted the Federal Reserve to cut interest rates several times.
The latest data means 2025 saw the weakest annual job growth since 2003, with just 584,000 jobs added last year.
A recent report from WalletHub reveals a noteworthy decrease in the total debt of US households by the end of the first quarter of 2025. This analysis stands out by adjusting the data for inflation using the most recent Consumer Price Index (CPI) available ...