Summary

The U.S. added 256,000 jobs in December, lowering the unemployment rate to 4.1%, outperforming expectations and reflecting a resilient labor market as President Biden leaves office.

Despite earlier inflation overshadowing a strong labor recovery post-COVID, hiring remains steady, layoffs subdued, and job openings rising.

Forecasters predict gradual hiring growth in 2025, with small-business optimism and easing Federal Reserve policies driving gains.

Economic indicators, like increased consumer borrowing for auto purchases, suggest mixed but improving confidence.

    • DarkFuture@lemmy.world
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      1 hour ago

      “bUsInEsS mAn MaKe AmErIcA bUsInEsS”

      Monkeys would be better at electing representatives than Americans are.

      • Eldritch@lemmy.world
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        5 hours ago

        So why make it worse? Electing trump to fix wages and the economy. Is like opting for castration to treat ED.

        • theonlytruescotsman@sh.itjust.works
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          3 hours ago

          Trump voters elected Trump because Biden and Harris kept lying, and even Schumer keeps trying this lie that the economy is doing great.

          It’s not unless you’re too wealthy to care. Trump acknowledged that people are actively suffering worse than any point in the last two decades.

          This comment isnt supporting Trump or suggesting he’ll fix things, but if you people sont start understanding why things happen and why Dems lost, you’ll just keep making up things against your fellow workers and lose even worse in 2026 and 2028.

          • Eldritch@lemmy.world
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            3 hours ago

            That’s not a lie. By the metrics they use the economy is doing great. They’re using the wrong metrics. The people are not the economy. And not being properly served by it.

            Trump voters elected Trump specifically because he lied to them. Just like he did last time. He told them he could fix all these different things and he fixed none of them.

            Him acknowledging it isn’t necessarily a good thing unless he’s actually going to do something to fix it. Which he’s not. He will make it worse than the democrats. He did last time. Republicans always do.

            Everyone here knows why the Democrats lost. And there were many many reasons. Not just because they did not manipulate voters correctly. Yes they need to address voters concerns better. 100%. But there was also plenty of foreign interference. As well as the fact that we shouldn’t discount that the average American voter is ignorant, apathetic, and often fucking stupid when it comes to politics. But regardless of it all. I can guarantee one thing. In five or six years they will have learned nothing from it. Neither the Democrats nor voters.

            And you can say that you don’t support or defend Trump. But you don’t have to bring up Trump to criticize democrats either. Yet you consistently have. You can criticize them on this topic all day long without ever mentioning Trump.

            • theonlytruescotsman@sh.itjust.works
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              2 hours ago

              No, you can’t here. You cannot criticize the Dems without being up Trump, else people think you’re supporting Trump. This is a .world community, like post 2009 reddit, binary thinking is the only thing allowed here.