December US jobs report caps moderate hiring


FILE PHOTO: Signage for a job fair is seen on 5th Avenue in Manhattan, New York City, U.S. REUTERS/Andrew Kelly

WASHINGTON: US employers probably tempered their hiring last month to wrap up a year of moderating yet still-healthy job growth that economists expect to carry on in 2025.

Payrolls increased 160,000 in December, when the labour market moved beyond distortions caused by hurricanes and strike activity in previous months, according to the median projection of economists surveyed by Bloomberg.

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