financetom
Economy
financetom
/
Economy
/
U.S. added 50,000 jobs in December as unemployment rate fell to 4.4%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
U.S. added 50,000 jobs in December as unemployment rate fell to 4.4%
Mar 11, 2026 12:10 AM

The U.S. labor market produced mixed data in December, marking the first month of jobs numbers unaffected by the U.S. government shutdown that began in October.

Nonfarm payrolls increased by 50,000 last month, according to a Bureau of Labor Statistics report released Friday morning. That was lower than economist forecasts for 60,000. November's originally reported 64,000 job gain was revised modestly lower to 56,000. October's originally reported job loss of 105,000 was revised sharply lower to a loss of 173,000.

The December unemployment rate, however, was better than forecast, falling to 4.4% versus the consensus outlook of 4.5% and November's 4.6%.

The price of bitcoin (BTC) was little changed in the minutes following the report, continuing just above $90,000. U.S. stock index futures were continuing to hold small gains, with the Nasdaq higher by 0.4%, and the 10-year Treasury yield was holding at 4.18%, unchanged for the session.

Friday morning’s report marks a return to normalcy in reporting of official U.S. economic statistics after months of data that were either delayed or not reported at all due to last fall’s government shutdown.

Ahead of the data, market participants were nearly fully expecting the Federal Reserve policy to remain unchanged in January following the December rate cut. Views about a rate cut at the Fed's following meeting in March were more split, with the odds rising to about 39%, according to CME FedWatch.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Busiest US container port sets cargo record in June
Busiest US container port sets cargo record in June
Jul 15, 2026
LOS ANGELES, July 15 (Reuters) - The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data center builders rushed in goods to avoid higher fuel costs and new U.S. import tariffs. The Southern California port handled 1,002,734 20-foot equivalent units (TEUs) last month, 12% more...
Economic activity on the rise and inflation may be improving, Fed survey shows
Economic activity on the rise and inflation may be improving, Fed survey shows
Jul 15, 2026
July 15 (Reuters) - U.S. economic activity increased slightly in recent weeks, employment rose, and companies and households indicated that inflation may have improved, the Federal Reserve said on Wednesday, in a report that will help shape the policy debate when Kevin Warsh leads his second interest rate-setting meeting in two weeks. Contacts generally expected the economy to continue to expand in...
Federal Reserve Watch for July 15: Warsh Repeats FOMC Will Take Ownership of Inflation, Act as Needed
Federal Reserve Watch for July 15: Warsh Repeats FOMC Will Take Ownership of Inflation, Act as Needed
Jul 15, 2026
03:18 PM EDT, 07/15/2026 (MT Newswires) -- Fed Chairman Kevin Warsh (voter) repeated that the FOMC will take ownership of inflation and take actions if needed to bring it back toward the 2% goal but did not provide forward guidance. Warsh again said that monetary policy caused inflation through its policy and that would not be the case under his...
US Economy Expanded at 'Slight to Moderate Pace,' Beige Book Shows
US Economy Expanded at 'Slight to Moderate Pace,' Beige Book Shows
Jul 15, 2026
02:24 PM EDT, 07/15/2026 (MT Newswires) -- The US economy expanded at a slight to moderate pace in 11 of the 12 Federal Reserve districts, while the other district reported no change, the Federal Reserve's most recent Beige Book update released Wednesday showed. This was little changed from the previous Beige Book, the Fed said. Consumer spending was slightly higher,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved