Jobs Surge 216,000 Higher, Raising Inflation Risks
January 5, 20243 min read640 words
Published: January 5, 2024  |  3 min read640 words
Employers in the United States accelerated hiring in December, adding 216,000 workers to their payrolls, the Department of Labor said Friday. The unemployment rate was unchanged from 3.7 percent in the prior month. Economists had expected the economy to add 170,000 after payrolls...
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Well Sourced
Jan 5
The article is well sourced, providing specific figures and statistics from the Department of Labor, ADP (a payroll processor), and the Department of Commerce. It cites job growth numbers, wage increase percentages, and Federal Reserve decisions, giving the reader a detailed understanding of the current economic situation.
Jan 5
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