Economics

U.S. Hiring at 2019 Finish Line Seen Right Around Decade Average

  • Payrolls seen up 160,000, jobless rate steady at 50-year low
  • Hiring moderating, yet enough to hold down unemployment rate
UniCredit Sees U.S. Recession in About 12 Months
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The final jobs report for 2019 is projected to show payrolls growth capped the year with a gain almost exactly in line with the average of the decade-long economic expansion, and continuing to moderate from the 2018 pace.