{"id":5777,"date":"2024-01-05T20:46:09","date_gmt":"2024-01-05T15:16:09","guid":{"rendered":"https:\/\/bigbreakingwire.in\/december-job-surge-216000-new-positions-beat-expectations-of-170000\/"},"modified":"2024-01-19T15:12:21","modified_gmt":"2024-01-19T09:42:21","slug":"december-job-surge-216000-new-positions-beat-expectations-of-170000","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/december-job-surge-216000-new-positions-beat-expectations-of-170000\/","title":{"rendered":"December Job Surge: 216,000 New Positions Beat Expectations of 170,000"},"content":{"rendered":"
<\/div>\n

December Job Data Highlights:<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 The US economy generated 216,000 jobs, surpassing the anticipated 170,000.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 Unemployment rate dropped to 3.7%, outdoing the predicted 3.8%.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 The US marked 36 straight months of job growth.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 The current unemployment rate is at a historical low of 3.7%.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 Job creation consistently outpaces forecasts.<\/p>\n\n\n\n

<\/p>\n\n\n\n

\u2022 Following the employment report, traders in US short-term interest-rate futures adjusted expectations for Federal Reserve rate reductions downward.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Fed swaps now indicate a 70% likelihood of a 25 basis point rate cut by the Fed in March.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Economic Advisor Brainard from the White House: The employment report reflects a robust economic outlook.<\/p>\n","protected":false},"excerpt":{"rendered":"

December Job Data Highlights: \u2022 The US economy generated 216,000 jobs, surpassing the anticipated 170,000. \u2022 Unemployment rate dropped to 3.7%, outdoing the predicted 3.8%.…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[31,29,616,39],"tags":[125,124,849,82],"class_list":["post-5777","post","type-post","status-publish","format-standard","hentry","category-business","category-finance","category-stock-in-news","category-world","tag-fed","tag-interest-rates","tag-job-data","tag-usa","entry","rows"],"jetpack_publicize_connections":[],"modified_by":"bigbreakingwire","jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-1vb","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/5777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=5777"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/5777\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=5777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=5777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=5777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}