Eco Week Ahead

US Jobs Numbers to Show Healthy Hiring, Easing Pay Growth

  • US employment seen rising 170,000 in final month of 2023
  • Euro-zone inflation may have accelerated on base effects

A worker applies paint to a section of a decommissioned wind turbine blade at a manufacturing facility in Avon, Ohio.

Photographer: Brian Kaiser/Bloomberg
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The US labor market probably remained sturdy while wage gains continued to ease as 2023 drew to a close, setting up for steady economic growth and waning inflation in the coming year.

Government data on Friday are projected to show payrolls in the world’s largest economy increased by 170,000 in December. That would cap a year in which some 2.7 million jobs were added.