US Dec Jobs Miss: Only 50K Added, Prior Months Cut 76K; Unemployment 4.4%
The Quick Take — AI synthesis of 3 sources covering this story.
- December NFP came in at 50K, below the 55K consensus; private payrolls added just 37K
- Oct & Nov payrolls revised down a combined 76K — economy added only 93K jobs in 8 months since April
- Goldman Sachs and BofA both forecast 70K jobs; Goldman also predicted unemployment at 4.5%, actual beat at 4.4%
- Prime-age (25-54) employment-population ratio ticked up to 80.7% from 80.6%, but both metrics below recent peaks
- Weak US
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