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U.S. non-farm payroll data in December exceeded expectations, financial markets are in turmoil again
- January 14, 2025
- Posted by: Macro Global Markets
- Category: News
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In December 2024, the U.S. economy added 256,000 new jobs, which was higher than market expectations of 160,000 and a new high since April 2024 . The previous data for November was lowered to 212,000, and the data for October was also adjusted, resulting in a total reduction of 8,000 positions in October and November. In December, job growth was mainly concentrated in the fields of health care (46,000), government (33,000) and social assistance (23,000).
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