US jobs report smashes expectations as unemployment rate falls to 4.1%
CryptopolitanJan 10, 2025 1:54 PM
The US job market delivered a shocker in December, obliterating forecasts with a surge in job creation and a drop in the unemployment rate.
Nonfarm payrolls skyrocketed by 256,000, blowing past the Dow Jones estimate of 155,000 and a huge increase from November’s already impressive 212,000.
Meanwhile, the unemployment rate slid to 4.1%, defying predictions and underscoring the labor market’s resilience. This performance is likely to complicate the US Federal Reserve‘s deliberations on monetary policy as it weighs interest rate strategies in 2025.
Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Hassett as Potential Fed Chair: Why He Could Be the Best Choice for U.S. Stocks and the Dollar
Why would Hassett be the best choice for US stocks and the US dollar if he were to become the Federal Reserve Chairman?TradingKey
9 hours ago
The Closed Loop of the GPU Empire: Analyzing NVIDIA's Investment in Synopsys and Its Implications for Your AI Asset Allocation
NVIDIA invests $2B in Synopsys (Dec 2025), taking 2.6% stake and integrating CUDA GPU acceleration into EDA tools. Deal unlocks trillion-dollar industrial simulation market and cements NVIDIA's AI empire closed loop. Synopsys gains high-margin GPU subscription revenue and valuation re-rating.TradingKey
14 hours ago
"Buying the Nvidia Dip" Is On the Table as Valuation Nears Historic Lows
TradingKey - Nvidia's stock appears to have fallen from grace in Q4 amid tech valuation fears and rival advancements, despite robust fundamentals and near-historic low valuation levels. Nvidia, the world's highest market capitalization company, faces such concerns head-on. Optimistically, Nvidia'sTradingKey
14 hours ago
Fed Chair Candidate: What Would a Hassett Nomination Mean for U.S. Stocks?
TradingKey - If Kevin Hassett — the front-runner with a nomination probability exceeding 70% — is successfully appointed..., U.S. stocks are expected to continue hitting record highs, supported by a significantly accommodative monetary policy environment of interest rate cuts.TradingKey
Tue, Dec 2
What is Tron (TRX)? Will it reach $1 in the future? Is TRX still a worthwhile investment?
TRX, a utility public blockchain token focused on payments, has established a strong market position in stablecoin transfers. It currently facilitates nearly $80 billion in USDT circulation, becoming the preferred network for cross-border and micro-payments due to its near-zero fees and high-speed tTradingKey
Fri, Nov 28
